Cushman & Wakefield’s Multi-Family Advisory group is pleased to offer for sale 45 Merrimack Street, a historic preservation and new construction residential redevelopment opportunity in the heart of Lowell, Massachusetts’ historic downtown. The property is comprised of adjoined 5 and 2 story buildings totalling 69,500 +/- GSF and 23,714 +/- SF of land. Situated prominently on Merrimack Street, the 5-story structure, known as the Hildreth Building, offers a blank redevelopment canvas of 51,000 +\- GSF well suited for residential apartments or condominiums. Constructed in c. 1882, the preservation of the building’s façade and renovation of the upper floor interiors would create high character residential loft style units featuring 10’+ ceilings, large windows and exposed brick elements. The 2-story portion of the property along Paige Street, totalling 18,500 +/- GSF and 12,200 SF of land, offers the potential for multiple value-add opportunities, including groundup construction of a new residential low or mid-rise building. The redevelopment of 45 Merrimack is fully supported by the City of Lowell and the incoming owner can leverage Opportunity Zone, Historic Tax Credits and city and state economic development incentives to bring this transformative project to fruition.

45 Merrimack Street 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.

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale 75 East, a 5-story, a 44 unit, 66 bedroom apartment building overlooking Providence Harbor, located in the Fox Point neighborhood of Providence, Rhode Island. The 51,373 +/- square foot building was originally built in 1857 and has operated in multiple capacities over the years, ranging from an assisted living facility to an international educational academy. Today, the asset is operated as a student-oriented apartment building, catering to those attending the area’s numerous academic institutions, as well young professionals working in downtown Providence’s vibrant business district.

Furthermore, 75 East offers the potential for new ownership to significantly increase residential density at the property. Conversion of underutilized "dead spaces" including offices, classrooms, common areas, and potential renovation of the currently vacant 5th floor, will allow both unit and bed counts to increase dramatically. These spaces, which total over 8,000 square feet, are primed for residential conversion.

75 East 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 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".

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to offer for sale 88 NOWA (the "Property"), a fully approved 14-story, 68 key hotel development project ideally located in Boston’s West End Neighborhood.

Located at 88-86 N Washington Street, the Property consists of a ±2,190 SF (±0.05 Acre) parcel currently improved with a vacant, one-story, ±243 SF masonry building. The site is well positioned within Boston’s West End, a diverse and vibrant neighborhood known for its bustling business community and being home to some of Boston’s most prominent institutions, including Massachusetts General Hospital and the TD Garden. The West End is an amenity rich submarket surrounded by a surplus of restaurants, bars, markets, and parks, as well as a deep employer base.

88 NOWA is only a minutes’ walk from The Hub on Causeway, a transformative transit-oriented development on the site of the former Boston Garden, and is within walking distance of The Boston Public Market and the historic North End neighborhood. In addition, the Property is conveniently located approximately 0.1 mile away from I-93 and Route 1, two of the area’s major thoroughfares, providing transit throughout the Greater Boston area.

For additional information please visit our Ten-x website: https://www.ten-x.com/commercial/listing/88---86-north-washington-street-boston-ma-02114/1000014247

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale Carver Landing, a newly constructed, 34-unit townhome community in Plymouth, Massachusetts. The property is located at 32-98 Paul Francis Way and features luxury townhouses with private yards and separate entrances. Each unit is enhanced with stainless steel appliances, luxury plank flooring and quartz counters as well as in-unit laundry.

Investment Highlights

New Construction Featuring Large Townhomes- Carver Landing features thirty-four luxury townhomes with separate entry and yards. In the post-COVID-19 world, many tenants are seeking this style of living communities. Private yards allow residents to entertain and enjoy their own space outdoors during a time that people are working and spending more time at home. These townhomes provide the amenities of a house with the ease of renting.

100% Leased-Prior to certificate of occupancy, all thirty-four of Carver Landing’s townhomes were leased. There is currently a waiting list at an effective rent of $2,250 with no concessions offered. Carver Landing’s luxury living experience is in high demand as more people are seeking larger, private spaces with quality amenities.

Historical New England Town- Known as "America’s Hometown", Plymouth, MA is a quintessential New England town with its historical architecture and expansive ocean views. Residents of Carver Landing are located less than 5.0 miles from the ocean and are just 3.0 miles from Plymouth’s town center, which is home to numerous museums, shops, pubs, fine restaurants, and entertainment. Additionally, Carver Landing is only a five-minute drive off Route-3 (exit 5) providing residents easy access to Boston, Cape Cod, and everything in-between.

Execeptional Demographics & Strong Fundamentals- Plymouth and the area surrounding the property benefit from strong underlying demographics, including an average household income of $134,500 and median home value of $406,500 within one mile of the Property. In addition, according to Axiometrics, Inc., the Plymouth County submarket has experienced strong rent growth at an average of +4.5% annually over the last five years. Looking forward, rents throughout the submarket are expected to continue to grow at an average of +3.6% annually over the next five years.

Carver Landing 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".

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"

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.