CBRE Sells 154-Unit Coppermill Park in Stoughton

Boston – CBRE/New England’s Capital Markets team announced the sale of Coppermill Park, a 154-unit garden-style apartment community located at 3101 Stagecoach Road in Stoughton, MA. CBRE/NE’s multi-housing experts Simon Butler and Biria St. John exclusively represented the seller, Fairfield Residential, and procured the buyer.

CoppermillPark-s“We are pleased to have facilitated this transaction on behalf of the seller,” said CBRE/NE’s Butler. “Coppermill Park is a high-quality asset with good upside potential for the new ownership.”

Built in 2010, Coppermill Park is located in Stoughton on the Canton line and offers exceptional access to both I-93 and I-95/Route 128 and the surrounding employment centers. The community was developed under Chapter 40B with 75% of the units at market and 25% of units at 80% of AMI.

The property consists of three four-story elevatored buildings with a mix of 55 one-bedroom apartments, 53 one-bedroom with den units and 46 two-bedroom apartments on approximately 8.57 acres of land. The apartments range in size from 710-1,042 square feet with an average size of 873 square feet.

 

 

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