Big Changes For The Augusta Apartment Market
According to the KJ, one of the largest landlords in the Augusta area has sold off the majority of his rental properties.
Larry Fleury, who purchased his first rental property in 1982, has sold 19 buildings. That's a total of 154 rental units.
The purchaser of the properties is Remington Street Properties, owned by Jim and Rebecca Henry, of South Berwick. They own 35 other rental properties spread across Northern New England. They say they plan to build on and improve what Fleury started.
The total price for the properties was about $3 million.