Boston, MA., November 21, 2023 – Hunneman today announced the $11,500,000 sale of a 48-unit multi-family portfolio in Marblehead, MA: 21, 23, 25 and 27 State Street; 5-5R and 7-9 Evans Road; 15 Harris Street; 43 Elm Street; 15 Green Street; 2 Ocean Avenue; and 151 Jersey Street. Executive Vice President and Principal, Carl Christie, and Vice President Dan McGee of Hunneman represented the seller and procured the buyer.

The Apartment Portfolio is comprised of eleven-(11) apartment properties in seven separate locations, all located within a short drive of each other. “This portfolio was assembled over decades by the owner,” said Christie. “It represented a very rare opportunity for someone to acquire this many assets in Marblehead. We had a very strong response from our marketing process. Many local and regional investors immediately recognized this unique offering.”

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