Recently Sold: 509 & 515 Sunset Road, Colorado Springs, CO 80909 Closed December 2023 for $1,193,000 Units: 12 YOC: 1972
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509 & 515 Sunset Road (2 properties, 0 acres)
509 Sunset Road
   
509 Sunset Road
Colorado Springs, CO  80909
Type:  Multifamily
Newly renovated in 2022, 514 5th Street sits in the heart of Oakmont, one of Pittsburgh’s most popular neighborhoods. It is within walking distance of the area’s most popular shopping dining, and entertainment and sits a short 20-minute drive from Downtown Pittsburgh. The property consists of six units which are all two bedrooms and one bathroom. In-unit upgrades include new high-end vinyl plank flooring, fixtures & finishes, cabinets, kitchen backsplash, bathroom vanities & tub surrounds.
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514 5th Street
6 Units
514 5th Street, Oakmont PA 15139
Sold
515 North Washington Street
   
515 North Washington Street
Alexandria, VA
Recently Sold: 509 & 515 Sunset Road, Colorado Springs, CO 80909 Closed December 2023 for $1,193,000 Units: 12 YOC: 1972
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509 & 515 Sunset Road (2 properties, 0 acres)
515 Sunset Road
   
515 Sunset Road
Colorado Springs, CO  80909
Type:  Multifamily

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)
546 Greenfield
3 Units
546 Greenfield Ave
Pittsburgh, PA  15207
Sold
56th Street Apartments
15 Units
4438 56th Street
San Diego, CA  92115
Type:  Multifamily

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire 571 E First Street, a 2.0-acre infill industrial property offering tremendous value-add and large-scale multi-family development potential located just steps from the Seaport and minutes from downtown Boston. The property is currently improved with a single story industrial building, totaling approximately 41,000 square feet, leased short term to Greyhound Lines, Inc. Situated between Boston’s two most dynamic and desirable neighborhoods, the Seaport District and South Boston, 571 E First Street is surrounded by transformative development and offers investors a very attractive "covered-land-play" with in place cash flow and tremendous development potential.

Pricing & Process

The property 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 due diligence materials via the Cushman & Wakefield 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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571 East 1st
   
571 East 1st Street
Boston, MA  02127

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 6 Sacramento Street, a residential building totaling 15,696 +/- GSF located in the Harvard Square area, in 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, and the potential for new ground-up residential construction, among other options and strategies.

6 Sacramento 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 Sacramento Street, the property is within a 10 minute walk of a MBTA Redline station, as well as Harvard and Lesley University.

Process & Pricing

6 Sacramento Street 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 www.Ten-X.com to sign the confidentiality agreement, download the due diligence materials and register for the auction. The live, online auction shall commence on December 11th and conclude on December 13th, 2023.

To register for the auction and view due diligence materials, please visit: https://www.ten-x.com/listing/6-sacramento-st-cambridge-ma-02138/29784146/

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6 Sacramento St
   
6 Sacramento Street
Cambridge, MA  02138
For more information please call Bruce Erhardt at 813.204.5312 or email him at bruce.erhardt@cushwake.com
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6.15 Acre - Downtown Tampa
   
where and what is developed here?
Tampa, FL

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)
616 Perrilyn St
1 Units
616 Perrilyn St
Pittsburgh, PA  15211
Type:  Single-family

Cushman & Wakefield, as exclusive advisor, is pleased to present Palm Springs, a garden-style value-add apartment community consisting of 86 units in Hialeah, Florida (the “Property”). The Property features a distinct unit-mix with 59% two-bedroom units and 41% one-bedroom units. The Property is 95% occupied with an average market rent of $1,274 per unit. With modest unit upgrades there is an additional $150 per unit per month rent upside.

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Palm Springs (3 properties, 86 units)
643-651 Palm Springs
16 Units
643-651 W 29th Street,
Hialeah, FL  33012

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)
647 Dunster St
1 Units
647 Dunster St
Pittsburgh, PA  15226
Type:  Single-family

TO VIEW OFFERING MEMORANDUM PLEASE LOG IN OR REGISTER AN ACCOUNT ABOVE

Value-Add Portfolio Opportunity

· 699 3rd Street (25-units) St. Paul, Minnesota

·1440 10th Ave (17-units) Newport, Minnesota

Ownership will entertain offers on portfolio or individual properties

· Numerous capital improvements over last 5-years

· New boilers (2) in 699 3rd Street

· 1440 10th has undergone significant in-unit renovations

· Updated Cabinets, Countertops, Appliances and Flooring

· 699 3rd Street located 1 mile from downtown St. Paul via Kellogg Blvd.

· 699 3rd Street located 2 blocks from Metro State University

Up and Coming Locations

· 1440 10th Ave located 7 minutes from 699 3rd Street

· 1440 10th Ave has easy access to Highway 61 and Interstate 494

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Jamar East Rentals (2 properties, 42 units)
699 3rd Street
25 Units
699 3rd St E
St. Paul, MN  55106
Type:  Multifamily

Cushman & Wakefield is pleased to present the opportunity to acquire the Cambridge Connection, an exceptional 10-building portfolio totaling 85,000 +/- GSF located between Harvard Square and Porter Square in 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 leaseup of vacant commercial space, the redevelopment to multifamily residential and condominium conversions, the potential for new ground-up residential construction, among other options and strategies.

The Cambridge Connection is situated in one of the most highly desirable metro areas 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 Mellen Street, Sacramento Street, Massachusetts Avenue, and Somerville Avenue, all of the buildings are located within a 10-minute walk of a MBTA Red Line station, as well as Harvard and Lesley University.

Process & Pricing

The Cambridge Connection 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 Cambridge Connection as a single portfolio, sub-portfolios or individual properties.

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Cambridge Connection (9 properties, 0 acres)
7 Mellen St
   
7 Mellen Street
Cambridge, MA  02138

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)
703 Brookline Blvd
2 Units
703 Brookline Blvd
Pittsburgh, PA  15226
Type:  Multifamily
Sold
7232 El Cajon Blvd
14 Units
7232 El Cajon Blvd.
San Diego, CA  92115
Type:  Multifamily

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)
732 Bayridge Ave
2 Units
732 Bayridge Ave
Pittsburgh, PA  15226
Type:  Multifamily

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".

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75 East
71 Units
75 East Street
Providence, RI  02903
Sold
757 Salisbury Street
123 Units
757 Salisbury Street
Worcester, MA  01609
Sold
780 Morrissey Boulevard
219 Units
780 Morrissey Boulevard
Dorchester, MA  02122
Type:  Multifamily

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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Sold
Greater East End Portfolio (3 properties, 13 units)
7900 Edgewood Ave
5 Units
7900 Edgewood Ave
Pittsburgh, PA  15218
Type:  Multifamily
Sold
800 J Lofts
   
800 J Street
Sacramento, CA  95814
Type:  Multifamily

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 805 Washington Street, a boutique 4-unit, 100% market rate apartment building located in Brookline, Massachusetts. The property is situated between Beacon Street, Brookline and Commonwealth Avenue, Boston, two of the most highly regarded throughfares in Eastern Massachusetts. Brookline, an affluent highly sought-after town bordering Boston to the West, boasts one of the best school systems in the country. The property is located just steps from the multiple MBTA Green Line Stations, and the location offers residents immediate access to the area’s major employers, academic institutions, shops, dining, and entertainment destinations.

The 1900’s-built, row house building features four units as well as four deeded parking spaces, located in the rear of the property along Bartlett Crescent. The units consist of three (3) oversized, 3 bed / 1 bath floors plans and one 1 bed / 1 bath garden style unit, with a private entrance in the rear of the property. All the apartment units offer large floor plans with oversized bedrooms, high ceilings, hardwood floors, large closets, and abundant natural light. There is a distinct opportunity to upgrade the unit interiors, including kitchens, bathrooms, flooring, lighting, and appliances, as well as the potential to add additional bathrooms With these upgrades, the buyer would elevate the competitive profile of the asset in the market and these renovated luxury units would command significantly higher rents. Alternatively, the asset also presents a phenomenal opportunity for a potential condominium conversion in one of the highest barrier to entry residential ownership markets in the region.

Process & Pricing

805 Washington Street 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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805 Washington Street
4 Units
805 Washington Street
Brookline, MA  02446

Cushman & Wakefield is pleased to present the opportunity to acquire the Cambridge Connection, an exceptional 10-building portfolio totaling 85,000 +/- GSF located between Harvard Square and Porter Square in 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 leaseup of vacant commercial space, the redevelopment to multifamily residential and condominium conversions, the potential for new ground-up residential construction, among other options and strategies.

The Cambridge Connection is situated in one of the most highly desirable metro areas 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 Mellen Street, Sacramento Street, Massachusetts Avenue, and Somerville Avenue, all of the buildings are located within a 10-minute walk of a MBTA Red Line station, as well as Harvard and Lesley University.

Process & Pricing

The Cambridge Connection 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 Cambridge Connection as a single portfolio, sub-portfolios or individual properties.

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Sold
Cambridge Connection (9 properties, 0 acres)
815 Somerville Ave
   
815 Somerville Avenue
Cambridge, MA  02138