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Investment Highlights
- GENERATIONAL BROOKLINE INVESTMENT OPPORTUNITY WITH SCALE
- OUTSTANDING PROXIMITY TO LONGWOOD MEDICAL AREA & LIFESTYLE AMENITIES
- SIGNIFICANT UPSIDE IN RENTS & POTENTIAL CONDO CONVERSION
Executive Summary
CBRE Capital Markets has been exclusively retained to sell The Brookline Portfolio (The “Property”), a 117-unit portfolio of two abutting properties (Marion Square & The Regent) in the Coolidge Corner neighborhood of Brookline, MA. While we are offering these properties as a portfolio, ownership will consider individual offers. We will be conducting tours with a call-for-offers to follow shortly thereafter.
Marion Square consists of 51 apartments and 1 retail suite at 77 Marion Street and 1405 Beacon Street. The main building is 77 Marion built in 2003, which is comprised of a four-story podium apartment community with elevator service, a roof deck and a three-level, underground parking garage. The 1405 Beacon building is a four-story walkup
building built in 1910. The two buildings are on the same tax parcel.
The Regent is is a 65-unit apartment community at 1401 Beacon Street Built in 1929, the building has been well maintained and have seen several upgrades to common areas and apartment homes over the years.
Marion Square consists of 51 apartments and 1 retail suite at 77 Marion Street and 1405 Beacon Street. The main building is 77 Marion built in 2003, which is comprised of a four-story podium apartment community with elevator service, a roof deck and a three-level, underground parking garage. The 1405 Beacon building is a four-story walkup
building built in 1910. The two buildings are on the same tax parcel.
The Regent is is a 65-unit apartment community at 1401 Beacon Street Built in 1929, the building has been well maintained and have seen several upgrades to common areas and apartment homes over the years.
Property Facts
| Sale Type | Investment | Lot Size | 0.89 AC |
| No. Units | 51 | Building Size | 66,212 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2003 |
| Building Class | B | ||
| Zoning | M20 - Multifamily Residential | ||
| Sale Type | Investment |
| No. Units | 51 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.89 AC |
| Building Size | 66,212 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2003 |
| Zoning | M20 - Multifamily Residential |
Very walkable
80/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 165-02-04 | Improvements Assessment | $44,646,992 CAD |
| Land Assessment | $8,444,639 CAD | Total Assessment | $53,091,631 CAD |
Property Taxes
Parcel Number
165-02-04
Land Assessment
$8,444,639 CAD
Improvements Assessment
$44,646,992 CAD
Total Assessment
$53,091,631 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Marion Square | 77 Marion St
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