CBRE Arranges Sale of 220-Unit MF Property in Cohasset
CBRE has arranged the sale of Avalon Cohasset, a 220-unit multifamily community located at 155 King St. in Cohasset, MA.
Avalon Cohasset is comprised of 220-direct entry townhomes spread over 61-acres of 34 separate, two and three-story buildings, as well as a clubhouse, free-standing garage and maintenance shop. The community offers 14 different unit styles including one and two-bedroom flats, lofts and townhomes with an average unit size of 1,333 square feet. Resident amenities include an outdoor pool, fitness center and community room.
Simon Butler, Biria St. John and John McLaughlin of CBRE represented the seller, Avalon Bay Communities, in the transaction. The buyer was TruAmerica Multifamily in its first acquisition in the Boston market. The sales price was not disclosed.
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