Blair Pond Estates

About Blair Pond Estates

Cushman & Wakefield’s New England Multifamily Advisory Group is pleased to present the opportunity to acquire Blair Pond Estates, an 80-unit apartment community located in Cambridge, Massachusetts. Situated on a 3.26-acre site, the property consists of two (2) four-story, garden-style buildings with a mix of studio, one-bedroom, two-bedroom, and three-bedroom units.

Located in one of Greater Boston’s most dynamic and rapidly evolving submarkets, the property benefits from proximity to Alewife Station (MBTA Red Line), major thoroughfares (Route 2, I-95/128), and an array of commercial, academic, and life sciences hubs. Cambridge is home to some of the region’s most prominent employers, including major technology, biotech, and pharmaceutical companies, as well as 11 hospitals (including Boston) and world-renowned research and educational institutions, underpinning sustained demand for both housing and institutional space in the immediate area.

Beyond its locational strengths, Blair Pond Estates presents a compelling value-add opportunity in a market defined by significant barriers to entry. Cambridge’s constrained development pipeline, driven by limited developable land and sustained community opposition to new construction, has created a supply-constrained environment that favors existing assets. While the property has been partially updated, a meaningful number of units remain in classic condition and are well-positioned for a value-add renovation program. The property offers the incoming owner the opportunity to capture significant rental upside through unit-level upgrades while benefiting from the durable demand fundamentals of an irreplaceable Cambridge location.

Process & Pricing

Blair Pond Estates is available on an “as-is” basis and is being offered without a formal asking price. Upon receipt of a signed confidentiality agreement, qualified investors will be provided with the offering materials and access to additional due diligence information. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a “Call for Offers”.