Log In/Sign Up
Your email has been sent.
Ridgewood 90 Ridgewood Ln 157 Unit Apartment Building $35,916,241 CAD ($228,766 CAD/Unit) Gardner, MA 01440
Investment Highlights
- Ample off-street parking available for residents.
- On-site management and maintenance staff with 24-hour emergency maintenance services.
- Located in a residential area of Gardner with convenient access to Route 2, local employers, schools, shopping, and downtown amenities.
- Community amenities include a swimming pool, playground, outdoor pavilion, and landscaped common areas.
Executive Summary
Hunneman is pleased to present Ridgewood Condominiums, a premier multifamily investment opportunity in Gardner, Massachusetts. The offering consists of 157 apartment units within a well-maintained 288-unit garden-style apartment community.
The Ridgewood complex is comprised of twelve (12) three-story brick buildings, each containing 24 units, with a diverse unit mix of studio, one-bedroom, and two-bedroom residences. This investment offers significant value-add potential, attractive operational upside, and a clear pathway to strong cash-on-cash returns.
The Ridgewood complex is comprised of twelve (12) three-story brick buildings, each containing 24 units, with a diverse unit mix of studio, one-bedroom, and two-bedroom residences. This investment offers significant value-add potential, attractive operational upside, and a clear pathway to strong cash-on-cash returns.
Property Facts
| Price | $35,916,241 CAD | Building Class | B |
| Price Per Unit | $228,766 CAD | Lot Size | 14.10 AC |
| Sale Type | Investment | Building Size | 206,296 SF |
| No. Units | 157 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 2.1/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | GR3 - General Residential 3 -intended for residential development at relatively higher densities than single-family residential districts | ||
| Price | $35,916,241 CAD |
| Price Per Unit | $228,766 CAD |
| Sale Type | Investment |
| No. Units | 157 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 14.10 AC |
| Building Size | 206,296 SF |
| No. Stories | 3 |
| Year Built | 1972 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | GR3 - General Residential 3 -intended for residential development at relatively higher densities than single-family residential districts |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Family Room
Site Amenities
- Courtyard
- Playground
- Pool
- Tennis Court
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
| 1+1 | 82 | - | - |
| 2+1 | 68 | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | GARD-000027W-000016-100001-000001 | Improvements Assessment | $224,019 CAD |
| Land Assessment | $0 CAD | Total Assessment | $224,019 CAD |
Property Taxes
Parcel Number
GARD-000027W-000016-100001-000001
Land Assessment
$0 CAD
Improvements Assessment
$224,019 CAD
Total Assessment
$224,019 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Ridgewood | 90 Ridgewood Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.