WORCESTER, MA — NAI Glickman Kovago & Jacobs facilitated the $6,300,000 sale of a 30 unit apartment building at 31 Caroline St in Worcester, MA. The seller, 31 Caroline St, LLC was represented by NAI Glickman Kovago & Jacobs Vice Presidents David Eldredge, and Tim Whittredge.
“As one of the newest apartment complexes to trade in Worcester, we are thrilled to have been a part of this transaction,” said vice president, David Eldredge. The property was recently built by the seller in phases through 2016-2018 with full occupancy in 2018. 31 Caroline Street is complete with 30 one-bedroom, one bathroom garden style apartment units.
Vice President Tim Whittredge remarked, “The property’s strategic proximity, situated within a mile of downtown Worcester and in close vicinity to I-290, various colleges, restaurants, and the recently
completed Polar Park, significantly enhanced its appeal. We are delighted that the buyer, Ermani Properties, LLC, will be able to leverage the numerous advantages offered by both the location and the property.”
About NAI Glickman Kovago & Jacobs
NAI Glickman Kovago & Jacobs is a leading, full-service commercial real estate brokerage and tenant representation company based in Worcester, MA. Our specialized office focuses on office, industrial, retail, investment, commercial, land and multi-family properties. To learn more, visit www.glickmankovago.com
NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms. NAI Global provides a full range of corporate real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. NAI Global Member
firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs.
To learn more, visit www.naiglobal.com.
Read more from Worcester Business Journal, HERE.