About 42 North Portfolio
Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire the 42 North Portfolio, a 3-building boutique urban portfolio located in Somerville, Massachusetts. Totaling 12 units, this portfolio is strategically located in one of the area’s most desirable neighborhoods, offering enviable access to major employers, retail and transportation.
The 42 North Portfolio consists of three properties that have been fully renovated, with two of the three 100% leased. The renovations ranged from updating kitchens and bathrooms to full gut renovations of several units. Ideally located along several bus lines and within walking distance of the MBTA’s Orange and Green lines, these properties are perfect for residents looking for more space with access to employment opportunities in downtown Boston and Cambridge.
The properties in the 42 North Portfolio are situated in one of the most highly desirable metro areas in the world with unmatched access to many of the nation’s top colleges and universities, technology and bio-tech employers and many of the region’s best shopping and dining amenities.
Process & Pricing
The properties are offered on an "as-is" basis and without a formal asking price. Upon receipt of a signed Confidentiality Agreement, qualified investors will be provided with access to due diligence materials via the Cushman & Wakefield website. Once investors have had an opportunity to review the offering materials and tour the properties, Cushman & Wakefield will schedule a "Call for Offers".