Gloucester land purchased for apartments

Veronica Garabelli //November 12, 2018//

Veronica Garabelli// November 12, 2018//

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Riverbend Apartments LP has purchased 27 acres in Gloucester for apartment buildings.

The land, located at 6139 George Washington Memorial Highway, was purchased for $2.762 million from Zandler Development Co. LLC.

Phase 1 of the apartments will include 130 units, while Phase II will include 88 units.

Bill Overman and John Wessling of S.L. Nusbaum Realty Co. represented the buyer.

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