ReNew Worcester

About ReNew Worcester

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire ReNew Worcester, an 8-story, 100% market rate, 92-unit apartment building located in Worcester, Massachusetts. Built in 1965, ReNew Worcester boasts an attractive mix of one- and two-bedroom units with oversized floorplans (1 BDs – 1000 SF / 2 BDs – 1500 SF), ample off-street garage and surface parking, and immediate proximity to major employers, medical hubs, and higher education institutions —key drivers of Worcester’s growing renter population. Though the property has been meticulously managed and maintained since its original construction, there is a substantial opportunity to increase rents through in-unit and common area renovations and upgrades.

Ideally situated in the highly sought-after West Side of Worcester, ReNew Worcester offers residents suburban charm with urban conveniences, including walkability to retail, parks, and public transit. The Property neighbors both Worcester Polytechnical Institute (WPI) and the newly constructed Doherty Memorial High School. Residents can easily reach local employment opportunities as well as those in Boston and surrounding suburbs via the MBTA Commuter Rail, I-90 (Mass Pike), I-190, and I-120.

Process & Pricing

ReNew Worcester is 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 the due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, C&W will schedule a “Call for Offers”.