Cawley, Linfield and Braun of UMF handle $2.95 million sale of 38 apts.

United Multi Family brokered the sale of a 38 unit apartment building at 66 Mayflower Ave. for $2.950 million ($77,632 per unit). Handled by Richard Cawley, James Linfield and Jason Braun of the New England office, the brick residences were sold to Warren Marsh and purchased as a cash deal. The CAP rate at the time of sale was 7.32%.