Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present a master lease housing opportunity, 33 Everett Street. The property consists of 69 rooms, and is located in the Harvard Square area within the heart of Cambridge, Massachusetts. Currently configured for dormitory use, each floor of the building features a common bathroom and lounge space with soft seating, refrigerator, and oven. 33 Everett Street is located on Lesley University’s Doble Campus and has previously been used as student housing. The university would maintain access to the first floor’s commercial kitchen and cafeteria to be shared with the tenant and can deliver the property furnished with existing dormitory furniture.

33 Everett Street is situated in one of the most esteemed locations 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. The building is immediately adjacent to Harvard University and within a 10-minute walk of both Porter and Harvard Stations along the MBTA’s Red Line and Commuter Line.

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White Hall
120 Beds
33 Everett Street
Cambridge, MA  02138
Type:  Residential
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the Clarksville 7 Portfolio within the Clarksville, Tennessee MSA. This portfolio offers seven individual properties, five of which are in Clarksville and the remaining two in Oak Grove, Kentucky. Built between 1995-2005, the portfolio represents an outstanding opportunity to combine immediate economies of scale with assumable 4.88% fixed rate Fannie Mae loans. While current ownership has completed extensive reconstruction on two assets (Blue Grass Meadows and Whitehall Townhouses), new ownership can unfurl a brand new value-add program to push portfolio rents $172 at a 24% ROI.
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Clarksville 7 Portfolio (7 properties, 844 units)
Whitehall
68 Units
2008 Tynewood Drive
Clarksville, TN  37042
Posted: 9/26/2024
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±6.86-acre Willows at Burlington Multifamily Development Site. The site is pad-ready and zoned PD with permits for 205 apartment units in hand, allowing a developer to begin vertical construction upon closing. Located within Burlington’s main retail corridor and with easy access to both I-40/I-58 and US Hwy 70, future residents will enjoy convenient drives to the best that Burlington and the Triad has to offer. Burlington has maintained strong multifamily fundamentals, with household incomes approaching $100K surrounding the site and rent growth >3% projected through 2028. The Willows at Burlington Multifamily Site presents the opportunity to develop a Class A apartment project of scale in the Triad, which is surging with employment growth.
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Willows at Burlington Multifamily Site
6.86 Acres
1408 St Marks Church Rd
Burlington, NC  27215
Type:  Land
Posted: 6/18/2024
This development site offers 2 opportunities for a developer to potentially construct a variety of product from market rate apartments, single family rentals, age restricted apartments, townhomes, condo’s and single family residential.

The 2 sites are currently a local golf course located in a highly visible suburb of Springfield just minutes from abundant retail, restaurants, and major highways. The 56.7-acre site is prime for a master developer to construct a mixed-use project or a single-family rental, villa project or single-family homes. The 13.7-acre site is ideal for an apartment developer for market rate or age restricted product.
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Windy Knoll Development Site (2 properties, 69.83 acres)
Windy Knoll Driving Range
13.7 Acres
500 Roscommon Dr.
Springfield, OH  45503
Type:  Land
Posted: 4/25/2024

Cushman & Wakefield is pleased to present the exclusive listing of The Worcester Portfolio located in the coveted Elm Park neighborhood of Worcester, MA. The portfolio, an irreplaceable collection of nine (9) former mansions, is configured for short-term rental and dormitory use. The buildings are 100% leased to a local university through July 2029.

The portfolio consists of 262 beds across 122 bedrooms in the 9 buildings, with a mixture of shared and private bathrooms and common facilities. Substantially renovated in 2021/2022, and exceptionally located in the heart of Worcester, the Worcester Portfolio is a rare investment opportunity that offers attractive and secure cash flow and significant long-term upside. The portfolio is offered for sale with an asking price of $19,700,000, equating to 7.0% cap rate on the in-place income.

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Worcester Portfolio
   
41 Cedar Street
Worcester, MA  01609
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the ±5.13-acre Yukon Multifamily Development Site located in Yukon, OK (OKC metro). The site is entitled by way of zoning for 129 multifamily units. A thoughtfully designed 3-story surface parked apartment project is planned for the site which is adjacent to the quaint Somers Pointe neighborhood.
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Yukon Multifamily Development Site
5.13 Acres
W Reno Ave
Yukon, OK  73099
Type:  Land
Posted: 7/29/2024