The Hamilton Co. recently purchased two multifamily communities in Brookline, Mass., for a total of $18.1 million.

The sales price achieved a record-breaking $300,000 per unit for the 1950s vintage apartments, which had not been traded since the 1950s.

The properties — 53-63 Parkman & 110 Babcock — consist of 39 two-bedroom apartments, 20 one-bedroom apartments, one studio apartment, and a total of 65 parking spaces.

The seller was 53-63 Parkman Realty LLC.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Refer friends to Select and get $200 in credit.Learn More×
Connect Now is just days away. Don't miss out.Reserve your seat today.×