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Owners Developers & Managers
Posted: March 15, 2024
Pouladians of North Shore Realty Advisors Inc. complete sale of 55 Broad Street apartments for $4.2 million
Lynn, MA North Shore Realty Advisors Inc. has compelted the sale of 55 Broad Street Apartments. This particular property has not been available for sale since 1975 where the client purchased the property directly from the developer. This brick garden style was built in 1974 with a total gross s/f of 15,393 and rentable s/f of 14,226. 55 Broad Street is situated on a tree lined corner lot of .36 acres (15,582 s/f) The property is unit-mix, which consists of one (1) studio, eleven (11) one-bedroom units, and six (6) two-bedroom units. The asset also featured 20 off-street surface parking and laundry facility onsite.
Dan and Sara Pouladian navigated through a “Call for Offers” process with multiple offers and two rounds of negotiations for this rare offering. North Shore Realty Advisors, Inc represented the seller and procured the buyer through a private client network.
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