Cushman & Wakefield is pleased to present the opportunity to acquire 22 units spread across 14 properties just south of Downtown Pittsburgh.

The Greater South Pittsburgh Portfolio provides the unique opportunity for an investor to acquire 22 units in a high barrier to entry market surrounded by Pittsburgh's world class education, culture, and the region's top employers. The portfolio sits in the heart of some of Pittsburgh's strongest rental submarkets - Mount Washington, Brookline, and Brentwood.

Investors can purchase the portfolio below the individual assets' market value, allowing for multiple exit strategies. There is value-add potential for an investor by bringing the units to market, improving the units, or simply selling off pieces of the portfolio at fair market value.

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Greater South Pittsburgh Portfolio (14 properties, 22 units)
2320 Vodeli St
1 Units
2320 Vodeli St
Pittsburgh, PA  15216
Type:  Single-family
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2580 Main Street
50 Units | 78 Beds
2580 Main Street
Tewksbury, MA  01876

Cushman & Wakefield’s Multi-Family Advisory Group, in collaboration with Ten-X, is pleased to offer for sale 259 Baldwin Street, formerly the Town & Country Nursing Home, in Lowell, Massachusetts. Historically operated as an 80-bed skilled nursing facility, the 2.5-acre site is improved with a 13,200 SF single story building, constructed in 1964 and expanded in 1994, and a 50-space parking lot. Operated until recently and well maintained by the current ownership, 259 Baldwin Street represents a turnkey opportunity for a myriad of behavioral health and medical operators and uses. Additionally, the prominent 2.5 acre corner parcel property is well positioned for redevelopment to housing or an array of other uses.

259 Baldwin Street is available on an "as-is, where-is" basis and is being offered via online auction on September 13-15, 2021. Property due diligence materials are available to qualified buyers upon execution of a confidentiality agreement. Please visit Ten-X.com to sign the confidentiality agreement, download the due diligence materials and register for the auction.

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259 Baldwin Street
   
259 Baldwin Street
Lowell, MA  01851
- 2601 Melrose is a three-story plus lower level, 27,600 SF building constructed in 1871
- 2615 Melrose is a three-story, 10,150 SF building constructed in 1901 and 100% occupied by Daycare Center
- Situated on 1.36 acres of land with 75 parking spaces
- Buildings were renovated in 1991 at the cost of $2,100,000
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Walnut Hills Center (2 properties, 0 acres)
2601 Melrose Ave
   
2601 Melrose Ave
Cincinnati, OH  45206
- 2601 Melrose is a three-story plus lower level, 27,600 SF building constructed in 1871
- 2615 Melrose is a three-story, 10,150 SF building constructed in 1901 and 100% occupied by Daycare Center
- Situated on 1.36 acres of land with 75 parking spaces
- Buildings were renovated in 1991 at the cost of $2,100,000
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Walnut Hills Center (2 properties, 0 acres)
2615 Melrose Ave
   
2615 Melrose Ave
Cincinnati, OH  45206
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2684 & 2700 Hibiscus Way
12 Units
2684 & 2700 Hibiscus Way
Beavercreek, OH  45431
Type:  Multifamily
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27 & 29 Mellen Street
   
29 Mellen Street
Cambridge, MA  02138
Type:  Residential
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Oxford Student Housing Portfolio (5 properties, 51 units)
27-29-31 W Spring St
12 Units
27-29-31 W Spring St
Oxford, OH  45056

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 28 Wendell Street, a two building apartment and dormitory property totaling 12,204 GSF located in Harvard Square area, the heart of Cambridge, Massachusetts. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the property presents immense value-add potential through the potential redevelopment to multifamily residential and condominium conversions, among other options and strategies.

28 Wendell 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, technology and bio-tech employers and many of the region’s best shopping and dining amenities. Situated on Wendell Street, the property is within a 10-minute walk of a MBTA Redline station, as well as Harvard and Lesley University.

Process & Pricing

28 Wendell Street 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”.

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28 Wendell Street
27 Units
28 Wendell Street
Cambridge, MA  02138
Type:  Multifamily
- Lender Owned - Offered Unpriced
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28.2 Acre Multifamily/Condominium Site
   
145th Avenue & Parkview Place
Surprise, AZ  85374
Cushman & Wakefield is pleased to offer 2825 Wynwood, a 0.96± acre landmark development opportunity strategically positioned at the corner of NW 29th Street and NW 2nd Avenue, Wynwood’s most prominent thoroughfares. Wynwood is globally recognized as Miami’s premier arts and entertainment epicenter. Known for its incredible public murals, trendy restaurants and world-class nightlife, Wynwood has attracted keynote employers such as Spotify, Founder’s Fund, Atomic and OpenStore, who are helping to transform it into Miami’s leading live, work and play environment.

2825 Wynwood is zoned to permit a broad range of uses including residential, retail, hospitality and office, among others. Zoning allows building heights up to 8 and 12 stories (with bonuses) on the southern and northern portions of the site, respectively. The permitted “by-right” residential density is 150 units per acre. (Density can be increased 50% to 225 units per acre through Trust Fund contributions). The property is ideally situated for intense mixed-use development designed to optimize its Main and Main location at the heart of Wynwood.
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2825 Wynwood
0.96 Acres
2825 NW 2nd Avenue
Miami, FL  33127
Type:  Land
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Oxford Student Housing Portfolio (5 properties, 51 units)
3 E Spring St
8 Units
3 E Spring St
Oxford, OH  45056

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 3 Phillips Place, an approximately 14,465 GSF building located in Harvard Square area, the heart of Cambridge, Massachusetts. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, this property presents value-add potential through potential redevelopment among other options and strategies.

3 Phillips Place 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 property is located steps away from the MBTA Red Line’s Harvard Square stop, providing access to Cambridge as well as downtown Boston and nearby suburbs.

Process & Pricing

3 Phillips Place 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. Tour dates will be made known to registered buyers prior to the auction deadline.

Please visit https://www.ten-x.com/listing/3-phillips-pl-cambridge-ma-02138/30912102/ to sign the confidentiality agreement, download the due diligence materials and register for the auction. The live, online auction, commences April 15 and concludes on April 17, 2024.

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3 Phillips Place
   
3 Phillips Place
Cambridge, MA  02138
Type:  Residential
$61,290/unit
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300 Dayton
31 Units
300 Dayton Ave
St Paul, MN  55102
Type:  Multifamily
The AVR 13 Property Portfolio is a once-in-a-cycle opportunity to establish Class A presence in the nations’ highest growth region. Consisting of 3,760 units across 4 states with an average vintage of 2013, this unique opportunity is being offered for sale as a portfolio and an individual basis. The portfolio features highly attractive assumable debt at below today’s market rates. The highly synergistic blend of garden, midrise, and highrise product are located in top-tier urban and suburban locations that are embedded in premiere demographics and are all highly retail and access oriented. Each property exemplifies best-in-class construction by acclaimed developers such as Wood Partners, Hines, Novare Group and Greystar.
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AVR Portfolio (13 properties, 3,956 units)
33 West
376 Units
6300 SW 24th Place
Davie, FL  33314
Type:  Multifamily
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Oxford Student Housing Portfolio (5 properties, 51 units)
331 W Vine St
18 Units
331 W Vine St
Oxford, OH  45056

Cushman & Wakefield’s Multifamily Advisory group is pleased to present for sale 3326 Washington, an approved 43-unit development opportunity located minutes from downtown Boston in the Jamaica Plain neighborhood. Situated on a 12,304 SF lot, 3326 Washington Street will include 5 stories and 43 units of residential housing.

Totaling 39,445 GSF, the development opportunity is ideally situated among Jamaica Plain’s neighborhood amenities, combining the best of Boston-based benefits and the suburban neighborhood appeal. 3326 Washington Street is only a block away from the MBTA Orange Line’s Green Street stop and less than a mile from the Commuter Rail’s Forest Hill Station providing access to Downtown Boston in under 20 minutes.

3326 Washington Street is offered for sale on an "as-is" basis and 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/3326-washington-st-jamaica-plain-ma-02130/31727656/ to sign the confidentiality agreement, download the due diligence materials and register for the auction. The live, online auction commences June 24 and concludes on June 26, 2024.

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3326 Washington Street
43 Units
3326 Washington Street
Boston, MA  02130

Located in Pittsburgh's most popular neighborhoods, this portfolio provides the unique opportunity for an investor to acquire 13 units in a high barrier to entry market surrounded by world class education, culture and the region's top employers.

With properties spread across Oakland, Edgewood/Swissvale, and Greenfield, this portfolio contains some of the region's premier locations where top talent is drawn to live, work and play. The portfolio has a wide variety of unique features and unit types ranging from single family homes to multifamily properties. All the units have been at least partially upgraded and include open floor plans, updated kitchen and bathroom cabinets, flooring and light fixtures.

Many of the units could be easily improved to a more modern aesthetic which would allow the new owner to raise rents. Updated fixtures, common area and exterior upgrades to enhance the façade would make these units stand out even more in an extremely competitive rental market. Given the presence of Carnegie Mellon, The University of Pittsburgh, Chatham University and UPMC, these properties are in the epicenter of some of the world's best education and employment making them ideal for young students and professionals alike.

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Greater East End Portfolio (3 properties, 13 units)
340 N. Craig
5 Units
340 N Craig
Pittsburgh, PA  15213
Type:  Multifamily

South Minneapolis Fully Renovated Apartment Building

· Great location in the vibrant “Central Neighborhood” of Minneapolis

· Located 5 minutes from downtown Minneapolis and The Lakes

Complete Renovation in 2016

· High-end Finishes Throughout

· New Roof & Windows

· New Individual HVAC in Units

· New Asphalt Parking Lot

· New Flooring Throughout

· New Cabinetry & Solid Surface Counters

Limited to No Capital Improvements in Next 10-years

· Property Fully Occupied Since Renovation

· Increasing Rents 5%-10% on Renewals

· Up & Coming South Minneapolis Neighborhood

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3515 2nd Avenue
12 Units
3515 2nd Ave S
Minneapolis, MN  55408
Type:  Multifamily

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South Minneapolis Value-Add Apartment Building

· Great location in the vibrant “South Minneapolis Neighborhood” of Minneapolis

· Located 5 minutes from downtown Minneapolis and The Lakes

Approximately $250,000 in Capital Improvements

· High-efficiency boiler (2009)

· New Siding (2008)

· All New Windows (2008)

· New Carpet (2014)

· New Doors (2016)

· New Roof (2016)

Upside in Rental Income

· Current rents are approximately 15% below market

· Roughly half of the units have been upgraded

· Sale price includes vacant lot next to property

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3533 2nd Avenue S
11 Units
3533 2nd Avenue South
Minneapolis, MN  55408
Type:  Multifamily
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360 State
500 Units
360 State Street
New Haven, CT  06511
Sold
37-43 Temple Place
16 Units
37-43 Temple Place
Boston, MA  02108

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale 375 Cummins Highway, an approved residential development featuring unique on-site parking in Boston’s Roslindale neighborhood. 375 Cummins Highway will include 49 residential units and up to 60 off-street parking spaces as well as a bike storage/repair area for 49 bicycles. The units will include six (6) affordable rental units with the remaining 43 priced at market rate. The building will also feature a large lobby and common area in addition to a gym and two common decks for residents to gather and enjoy.

Investment Highlights

Fully-Approved Opportunity- 375 Cummins Highway presents a rarely available approved 49-unit development site in Boston’s Roslindale neighborhood. The site consists of an approximately 39,106 SF lot situated between Cummins Highway and American Legion Highway. The approved status of the site allows for immediate construction commencement in a highly-desirable residential market.

Access to Major Area Roadways and Public Transit-375 Cummins Highway offers a rare combination of ideal access to major area highways and public transportation. Steps outside of the site is a stop for bus route #30 bringing commuters directly to Forest Hills in under 10 minutes and to Downtown Crossing in another 15 minutes via the MBTA Orange Line. Drivers reach downtown Boston in approximately 20 minutes, door-to-door making it an ideal home for commuters.

Located 5 miles from I-93, 375 Cummins Highway offers easy access to all the major roadways in Massachusetts. This provides a variety of easy commuting options to various employment drivers and entertainment venues throughout Massachusetts.

Proximity to Quality Neighborhood Amenities- 375 Cummins Highway is located amidst quality dining and retail in Roslindale, Jamaica Plain, and Dorchester. Nearby community gardens and nature centers such as the Arnold Arboretum and the Leland Street Community Garden provide outdoor experiences without leaving the city. 375 Cummins Highway is less than 2 miles from Roslindale Village, the popular downtown area of Roslindale offering many neighborhood shops, restaurants, and amenities. Residents can easily pick up daily essentials at the American Legion Shopping Center and Stop & Shop.

375 Cummins Highway 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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375 Cummins Highway
   
375 Cummins Highway
Boston, MA  02131
Type:  Land

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 400 Mystic Avenue, a newly constructed thirty (30) unit, mixed use apartment community located in Somerville, Massachusetts. The boutique luxury asset is comprised of twenty-seven (27) residential apartment units and three (3) ground floor retail commercial spaces. The apartments are currently 95% occupied and the commercial spaces, which span between 932-1,128 SF respectively, are all either fully leased or committed.

400 Mystic Avenue 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".

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400 Mystic
30 Units
400 Mystic Avenue
Somerville, MA  02145