Fall River Massachusetts, Doug Nickerson, Nickerson Financial Corporation, Mashpee Massachusetts is pleased to announce the placement of a loan in the amount of $2,750,000 for the River Grove Apartments, on behalf the owner River Grove LLC.

The multi-family property, managed by the owner, consists of 48 units.  There are four twelve unit buildings. All of the apartments are spacious two bedroom units. The buildings were constructed in 1987.

        Doug Nickerson stated” the property is well managed and maintained and in excellent condition. The location is most advantageous to the residents, with not only easy access to travel routes but to retail and professional centers as well. All of which add up to a consistently high occupancy ratio.”