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News:
Owners Developers & Managers
Posted: January 7, 2022
Nery of Coastal Commercial Real Estate brokers sale of six condominiums in New Bedford, MA
New Bedford, MA Coastal Commercial Real Estate has completed the sale of six condominiums in the Southcoast Condominium Complex located on Phillips Rd.
The transaction took place on December 17th, 2021, and the terms were undisclosed.
Lori Nery, CBR, LMS, GRI, broker and vice-president of Coastal Commercial Real Estate represented the seller, South Coast Affordable Rentals.
Five of the six condos are two-bedroom units, and one condo is a one-bedroom unit, for a total of 5,100 s/f. The units are in excellent condition with updated kitchens, bathrooms, and new appliances. All units are fully occupied.
The complex has an on-site management company and features updated common areas, laundry room, and solar panels.
Outside amenities include an inground swimming pool, playground, clubroom, and ample parking.
The Southcoast Condominiums are located near the New Bedford Industrial Park, the future home to the MBTA Commuter Rail Station, and located near the on/off ramps to busy Rte. 140.
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