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Methuen Sale Illustrates Multifamily Demand in Merrimack Valley
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Methuen Sale Illustrates Multifamily Demand in Merrimack Valley
Marcus & Millichap arranged the sale of Ashton Place Apartments, a 30-unit multifamily property located at 11 Ashton Pl. in Methuen, MA. The property sold for $7.1 million. “The Merrimack Valley multifamily market continues to have strong demand from investors throughout the region,” said Evan Griffith, senior managing director. “High occupancy and limited new supply in the workforce housing segment make these assets highly desirable.” Added se…
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