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April 14, 2023

Leicester apartment complex sells for $4M

two apartment buildings Photo | Google maps Leicester Garden Apartments

The Leicester Garden Apartments at 1671 Main St. in Leicester sold on Wednesday for $4 million, according to the Worcester District Registry of Deeds.

The complex, built in 1958, has two buildings on more than three acres containing 24 one- and two-bedroom apartments, according to the real estate data website CoStar.

The buyer was SREC Leicester, LLC, a company registered to another entity, AWF Acquisitions, LLC. Both companies list a Boston law firm Partridge Snow & Hahn, LLC as their address, according to their filings with the Massachusetts Secretary of the Commonwealth.

The seller was Nasar, LLC of Medway, who last purchased the property in 2003 for $1.5 million, according to the Worcester District Registry of Deeds.

The Town of Leicester assesses the property at $2.2 million.

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