February 24, 2020
Tatnuck apartment complex sells for $16M
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ReNew Tatnuck Square in Worcester
ReNew Tatnuck Square, an apartment complex in the Tatnuck area of Worcester, has been bought for $16.1 million by a California multi-family property firm.
The sale values the Brookside Avenue complex's 120 units at $134,000 each.
The complex, formerly known as Tatnuck Arms, last changed owners in 2006 for $10.5 million. Northland, a Newton real estate firm, bought the site then.
The new owner is a limited liability corporation registered to the Irvine, Calif., office of FPA Multifamily. The firm's portfolio is largely on the West Coast.
ReNew Tatnuck Square, which spans almost 11 acres, was last assessed by the City of Worcester at $11.4 million.
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