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Celeste Apartments
60 Units
965-983 Fellsway
Medford, MA  02155
Sold
Forest Ridge
90 Units
6 Mary Anna Drive
Fitchburg, MA  01420
Type:  Multifamily

Cushman & Wakefield’s Multifamily Advisory Group, in collaboration with Ten-X, is pleased to present the opportunity to acquire the Franklin Woods Apartments, a 36-unit, garden style, project-based section-8 apartment community located at 11 Plains Court in Franklin, New Hampshire.

Situated along Daniel Webster Drive, just off Route 11, the property encompasses 3.5 acres and features three, twelve-unit apartment buildings. Currently 92% + leased, the residences include a mix of one and two-bedroom units. Additionally, the property offers ample parking as well as a management office and maintenance repair workshop.

Process & Pricing

Franklin Woods is available on an "as-is, where-is" basis and is being offered without a formal asking price. Property due diligence materials are available to qualified buyers upon execution of a confidentiality agreement. Tour dates will be made known to registered buyers prior to the auction deadline.

Please visit https://www.ten-x.com/listing/11-plains-ct-franklin-nh-03235/27743365/ to sign the confidentiality agreement, download the due diligence materials and register for the auction.

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Franklin Woods
36 Units
11 Plains Court
Franklin, NH  03235
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Greater Worcester Portfolio
   
2 Townhouse Court
Spencer, MA  01562
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Greenwood Commons
72 Units
328 Greenwood Street
Worcester, MA  01607
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Harborview on Post
   
3920 Post Road
Warwick, RI  02886

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire Hillside Residences, a 60-unit, 100% market rate, luxury apartment building located in Quincy Center. The property boasts market leading amenities in both the common areas and within the individual units, such as a state of the art fitness center, a roof deck with spectacular views of the Boston skyline, spacious community areas, under building garage parking and well-appointed unit interiors. The property includes a mix of studio, one bedroom, two bedroom, and four bedroom units with balconies featured in select units.

Hillside Residences is strategically located half a mile from the Quincy Center MBTA station, providing residents with unbeatable access to downtown Boston via the MBTA Red Line subway and Commuter Rail. The property is convenient to the area’s major roadways including Interstate 93, Routes 128/I-95 and Route 3, which provides the location immediate access to all points of the Greater Boston area and beyond.

Hillside Residences is available on an "as-is" basis and is being offered without a formal asking price. Upon receipt of a signed Confidentiality Agreement, investors will be provided with access to due diligence materials via The Multifamily System website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers".

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Hillside Residences
60 Units
23 Bridge Street
Quincy, MA  02169

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire the Phillips Wendell Collection, an irreplaceable 10 property portfolio, totaling 85,000 +/- GSF located in Harvard Square, the heart of Cambridge, Massachusetts.

Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the portfolio presents immense value-add potential through the lease-up of vacant commercial space, the redevelopment to multifamily residential and condominium conversions, and the potential for new ground-up residential construction, among other options and strategies.

The Phillips Wendell Collection 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. Situated on Wendell Street, Philips Place, and Sacramento Street, each building is located within a 10-minute walk of a MBTA Redline station, as well as Harvard and Lesley University.

Process & Pricing

Phillips Wendell Collection 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 offering memorandum and 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".

Investors are invited to submit bids for the Phillips Wendell Collection as a single portfolio, sub-portfolios or individual properties.

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Phillips Wendell Collection
   
3 Phillips Place
Cambridge, MA  02138
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ReNew Amherst
   
44 Southpoint Drive
Amherst, MA  01022
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Rise 475
31 Units
475 Main Street
Reading, MA  01867

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale Rising Sun Mills, a unique opportunity to acquire a brick and beam apartment community strategically located in the heart of Providence, Rhode Island. The four-story brick mill building, which consists of 135 loft-style market-rate units and 30,000 +/- SF of commercial space, is situated on Providence’s West Side at the intersection of the rapidly transforming neighborhoods of Federal Hill, Broadway and the Armory District. The property was converted from its former industrial use in 2005 and is surrounded by a rich array of bars & restaurants, shopping, employers, and green space.

UNIQUE APARTMENT COMMUNITY - Rising Sun Mills offers unmatched appeal and outstanding amenities in an ideal central location, just 10 minutes west of downtown Providence. Converted into loft-style apartment homes in 2005, the 100% market rate Property offers unique layouts and spacious floor plans with units averaging 867 square feet. These apartments have been renovated with modern fixtures and high-efficient appliances while maintaining the original charm of the old mill through wood beam architecture, brick accents, and original hardwood floors. Additional unit features include in-unit laundry, central heat & A/C, oversized windows, and generous ceiling heights. The building also offers a 24/7 fitness center, private courtyard with grill, community room, communal library, billiards & game room, modern event space, coworking spaces, and various picnic spots along the Woonasquatucket River.

VALUE ADD OPPORTUNITY - The Property has undergone renovations to update the residential units with 73 of 135 units renovated to date. The unit renovations have included new granite kitchen and bathroom countertops, updated stainless steel appliances, and new washer & dryer units. The renovations thus far have increased the average monthly rent per unit by approximately $175.

Rising Sun Mills is being offered without a formal asking price. Upon receipt of a signed confidentiality agreement, qualified investors will be provided with the offering memorandum (containing property data and financial information) and access to due diligence materials via the Real Capital Markets website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers"

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Rising Sun Mills
135 Units
166 Valley Street
Providence, RI  02909
Type:  Multifamily
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Royale Apartments
   
65-75 Oaklawn Avenue
Cranston, RI  02920

Cushman & Wakefield’s Multifamily Advisory Group is pleased to offer for sale Tanglewood Village Apartments, a 176-unit market rate value-add apartment investment opportunity located in West Warwick, Rhode Island. Built in 1972-1973, the property is comprised of nine three-story residential buildings and a recently renovated clubhouse on 11.64 acres. Tanglewood Village is situated in a quiet residential neighborhood situated just one mile west of Route 2 (Bald Hill Road), Rhode Island’s premier retail corridor offering 5+ million square feet of shopping and entertainment, and two miles west of I-95, providing residents with unmatched regional accessibility. In recent years the property has been repositioned with over $1.5+ million in capital directed at base building improvements, interior common area upgrades, clubhouse renovations, amenity enhancements and select unit renovations.

Following the recent infusion of capital, and the strength in today’s apartment market fundamentals, Tanglewood Village offers a vast amount of untapped value to realize by increasing rents to market levels (mark-to-market) as well as the opportunity to implement a comprehensive unit renovation program that would generate significant rent upside.

Tanglewood Village is offered for sale on an "as-is" basis and without a formal asking price. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers" date.

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Tanglewood Village Apartments
176 Units
47 Tanglewood Drive
West Warwick, RI  02893
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The Residences at Lincoln Park
42 Units
1 Candy Apple Drive
Dartmouth, MA  02747