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Admiral’s Hill In Chelsea Sold For $43M

Mar 27, 2015 | Reprints | Print

An affiliate of Charleston, S.C.-based multifamily giant Greystar has acquired the 161-unit Jefferson at Admiral’s Hill apartment complex in Chelsea for $43 million.

CBRE/NE’s Simon Butler and Biria St. John represented the seller, Jefferson at Admiral’s Hill LP.

Built in 2009, the market-rate community consists of a four-story building above a parking garage. Community amenities include a clubroom, business center, fitness center and interior courtyard including gas barbecues, seating areas and a reflecting waterfall.

Commercial & Industrial