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INVESTMENT HIGHLIGHTS
- QUALITY SUBURBAN APARTMENT LIVING
- ROBUST PROPERTY TRENDS WITH SIGNIFICANT IN-PLACE VALUE TO MARKET
- ABUNDANCE OF NEARBY LIFESTYLE AMENITIES
- PROVEN RENOVATIONS WITH FURTHER UPSIDE
- DESIRABLE METRO NORTH EMPLOYMENT MARKET
EXECUTIVE SUMMARY
CBRE Capital Markets has been exclusively retained to sell Appleton Square (The “Property”), a 140-unit apartment community, with proven value-add upside and favorable in-place debt in Methuen, MA. We are offering this property for sale without an asking price and will be conducting tours with a call-for-offers to follow shortly thereafter.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 150,465 SF |
| No. Units | 140 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1988/2006 |
| Apartment Style | Garden | Parking Ratio | 0.2/1,000 SF |
| Building Class | B | ||
| Zoning | R6 - R6 - Medium density residential district | ||
| Sale Type | Investment |
| No. Units | 140 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Building Size | 150,465 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1988/2006 |
| Parking Ratio | 0.2/1,000 SF |
| Zoning | R6 - R6 - Medium density residential district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | TOPS M:0024 B:0070 L: | Improvements Assessment | $18,724,073 CAD |
| Land Assessment | $7,142,335 CAD | Total Assessment | $25,866,409 CAD |
PROPERTY TAXES
Parcel Number
TOPS M:0024 B:0070 L:
Land Assessment
$7,142,335 CAD
Improvements Assessment
$18,724,073 CAD
Total Assessment
$25,866,409 CAD
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Appleton Square Apartments | 171 East St
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