Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 255 Main Street, a luxury apartment community that was recently delivered in the highly desirable neighborhood of Hyannis, Massachusetts. The property includes approximately 3,500 square feet of retail space on the first floor bringing additional convenience to life at 255 Main. Two (2) two-bedroom units and eight (8) 1-bedroom units are located on the second and third floors with additional secure storage and laundry in the basement. Cape Cod, Massachusetts is one of the most supply constrained locations in the country. 255 Main Street allows investors to expect little oncoming competition in the future. Concurrently, home prices on the Cape have grown to historical levels. The median home price in Barnstable county is over $1 million. The continuing affordability dilemma has made renting a much more affordable alternative in the region.

Process & Pricing

255 Main 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.

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.

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”.

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.

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.

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

Sold

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