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December 15, 2015

Auburn apartments sell for $4M

Courtesy Kelleher & Sadowsky Associates The Laurel Hill Apartment Complex in Auburn has been sold for just under $4 million to Micozzi Management of Worcester.

The Laurel Hill Apartment Complex in Auburn has been sold for just under $4 million to Micozzi Management of Worcester amid a flurry of interest, Kelleher & Sadowsky Associates announced Tuesday.

The 44-unit apartment complex garnered a great deal of attention when it went on the market, according to Will Kelleher, Principal of Kelleher & Sadowsky Associates, who said multiple qualified offers were made on the property within two weeks.

The apartment complex located at 11 Whitney Circle and 1 – 17 Temple St. consists entirely of two-bedroom, one-bath units and was fully occupied at closing. It was sold by Laurel Hill Realty, Inc.

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