New-Construction Quincy Apartments Sell for $13.5M
Marcus & Millichap finalized the sale of The Willard, a 30-unit multifamily property located at 510 Willard St. in Quincy, MA. The asset sold for $13.5 million.
“The Willard is a newly constructed boutique luxury apartment building that offers investors a high-quality, turnkey asset featuring modern finishes, spacious floor plans, quartz countertops, in-unit laundry, and separately metered utilities including water,” said Evan Griffith, senior managing director in Marcus & Millichap’s Boston office.
Added Tony Pepdjonovic, senior managing director, “Located just off Interstate 93, this commuter-friendly Quincy location provides convenient access to local amenities as well as downtown Boston. We continue to see investors target high-quality locations with strong fundamentals. This property was 100% occupied at the close of escrow.”
Pepdjonovic and Griffith exclusively marketed the property on behalf of the seller.
The property was built in 2025, with a unit mix of 24 two-bedroom and six three-bedroom apartments. The property is situated in South Quincy, approximately nine miles south of Boston.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout