NAI HUNNEMAN COMPLETES SALE OF 90-UNIT APARTMENT PORTFOLIO

ARLINGTON, MASS. — Carl Christie, Dan McGee and Gina Barroso of NAI Hunneman completed the $12 million sale of a 90-unit apartment portfolio in Arlington. Christie, McGee and Barroso represented the seller, ADA Properties, Inc., and procured the buyer, Arlington Minuteman Towers, LLC. The 90-unit apartment portfolio, which was 98 percent occupied at the time of the sale, consists of three brick apartment complexes containing 86 rental units. In addition to the apartment buildings the portfolio included two single-family homes and one two-family home. Several of the properties abut one another and all are within walking distance located at 285 Massachusetts Ave., 287 Massachusetts Ave., 20 Tufts St., 10 Bates St., 14 Bates St. and 9 Foster St.