Rowley, MA–Millwood Apartments a 99-Unit, 3-Building Multi-family complex on the North Shore has been sold for $13,775,000.
Boston City Group, Inc.’s Caroline Ligotti, Linda Redeker and Emily McGranaghan worked with the seller and procured the buyer to complete the off-market transaction.
The complex is comprised of all two-bedroom apartments in three, two-story brick buildings constructed in the late 1970’s and situated on a combined eight plus acres along Route 133.
Two of the buildings are located at 803-805 Haverhill Street, and a third building on an adjoining lot at 4 Dodge Road, about a third of a mile to the North.
While situated in a wooded horse country setting with beautifully landscaped grounds, Millwood is also conveniently located within minutes of I-95, Route 1, and the MBTA Commuter Rail.
Approximately 4.6M SF of commercial space sits within 5 miles of the complex, and Market Basket-anchored Rowley Marketplace, Turner Hill and the Ipswich Country Club are all close by.