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Fairfield Residential Adds Axis Admiral’s Hill Apartment Building to Growing Portfolio

South Carolina Investor Sells Suburban Boston Multifamily Property for $54.2 Million
The 161-unit Axis Admiral's Hill apartment building in Chelsea, Massachusetts, was completed in 2009. (CoStar)
The 161-unit Axis Admiral's Hill apartment building in Chelsea, Massachusetts, was completed in 2009. (CoStar)
By Patrick Worley
CoStar Research
November 29, 2019 | 2:30 P.M.

Full service investment firm Fairfield Residential has purchased Axis Admiral’s Hill in Chelsea, Massachusetts, from Charleston, South Carolina-based Greystar for $54.2 million, or about $337,000 per unit.

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