November 22, 2019
Privately held real estate brokerage and advisory firm Boston Realty Advisors has been tapped to sell two trophy multifamily assets in the Back Bay and Longwood Medical neighborhoods of Boston.
Together, the two properties consist of 109 market-rate units throughout two buildings. The two properties are located one-mile apart at 49 Worthington St. and 16 Westland Ave., and have been owned and managed by Coppola Management Real Estate for more than 40-years. The pair of assets consist of studio, one, two and three-bedroom units with approximately 25 percent of them updated.
“These assets have multiple attributes buyers look for – location, proximity and convenience to public transportation,” said Jason Weissman, CEO of Boston Realty Advisors. “It’s a rare opportunity to find both size and scale within the Back Bay/Longwood Medical Area. We’re expecting a high volume of interest from both private and institutional capital.”
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Tags: Apartments & Multifamily