Lynn, MA NAI Hunneman brokered the $6.1 million sale of The Beaconsfield Apartments totaling 55-units located at 16 Newhall St. Executive vice presidents Carl Christie and Robert Tito along with assistant vice president Dan McGee represented the seller 16 Newhall Street, LLC., and procured the buyer M&M Gloss Realty Company, LLC.
16 Newhall Street - Lynn, MA“The property is over 96% occupied and offers a prime location just minutes from the commuter rail, as well as off-street parking making it a nice addition for the buyer who was looking to expand their holdings in the region,” said Christie.
The Beaconsfield Apartments is a six-story apartment building with 55 units. The brick building was originally the Beaconsfield Hotel and includes hardwood floors, detailing, and a passenger elevator. In addition, there is off-street parking for 11 cars.
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.