Shawomet Gardens
240 Unit Apartment Building | For Sale | Somerset, MA 02726
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Property Type
-
Multifamily
- Square Feet
- 249,273 SF
Listing Contacts
Kevin Benzinger
Verified Profile
Nicholas Herz
Verified Profile
Julia Robertson
Verified Profile
Jason Weissman
Verified Profile
- Property Info
Property Overview
Boston Realty Advisors is pleased to present the opportunity to acquire an 100% market rate, 240-Unit value-add apartment community in Somerset, Massachusetts; Shawomet Gardens. Shawomet Gardens consists of over 60 residential buildings as well as a two-family home, a single-family home, and a retail store. The property offers investors immediate scale and significant value-add potential through a strategic renovation program and rent growth.
Shawomet Gardens presents a unique opportunity to purchase 240 market rate units in a demand driven submarket. Shawomet Gardens is offered for sale on an unpriced basis. Boston Realty Advisors will be conducting tours of the property in the upcoming weeks with a “call-for-offers” to follow.
Shawomet Gardens presents a unique opportunity to purchase 240 market rate units in a demand driven submarket. Shawomet Gardens is offered for sale on an unpriced basis. Boston Realty Advisors will be conducting tours of the property in the upcoming weeks with a “call-for-offers” to follow.
Property Details
- Class
- C
- Year Built
- 1949
- Stories
- 2
- Lot Size (sq. ft)
- 542,758 SF
- Units
- 240
Highlights
- Demand Driven Submarket
- Highly Desirable Residential Area
- Well Maintained
- Ample Garage & Surface Parking
- Pristine Grounds
- Value-Add Potential
Nearby Properties
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