Chicopee, MA Thomas King, CCIM, of King & Newton, LLC Commercial Real Estate brokered the sale of Alden Edge Apartments for $1.8 million. Financing was provided by Westfield Bank.
The property is located on 1.29-acre site in the Aldenville section of town and is improved with one L-Shape 2½ story brick apartment building containing 24 units with each unit having stoves, refrigerators, disposals, and two air conditioners.
The seller was EL-RO Realty, LLP and the buyer was Court View Commons, LLC.
Also, King brokered the sale of Court View Commons Apartments for $1.7 million. Financing was provided by Westfield Bank. The property is located on 1.24-acre site on Memorial Dr. and is improved with one L-Shape 2½ story brick apartment building containing 24 units with each unit having stoves, refrigerators, disposals, and two air conditioners. The seller was EL-RO Realty, LLP and the buyer was Court View Commons, LLC.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and