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Local Investor Buys Apartment Complex in Arlington, Mass.

Private Family Sells 61-Unit Property for $16 Million
The 61-unit apartment complex in Arlington, Massachusetts, was completed in 1963. (Marcus & Millichap)
The 61-unit apartment complex in Arlington, Massachusetts, was completed in 1963. (Marcus & Millichap)
By Patrick Worley
CoStar Research
September 6, 2019 | 6:02 P.M.

A Boston-based investor purchased a 61-unit apartment complex in Arlington, Massachusetts, from a private family for $16 million, or about $262,000 per unit.

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