Commercial Real Estate in Massachusetts available for sale
Parking Garages For Sale

Parking Garages for Sale in Massachusetts, USA

More details for 27 Douglas Rd, Webster, MA - Office for Sale

27 Douglas Rd

Webster, MA 01570

  • Parking Garage
  • Office for Sale
  • $519,338 CAD
  • 3,306 SF
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More details for Imperial & Elizabeth Manor Portfolio – Multifamily for Sale

Imperial & Elizabeth Manor Portfolio

  • Parking Garage
  • Multifamily for Sale
  • $25,622,925 CAD
  • 109,975 SF
  • 2 Multifamily Properties

Portfolio of properties for Sale - Hampden County

Chozick Realty, Inc. is pleased to present the exclusive offering of Elizabeth Manor and Imperial Apartments, two well-located multifamily communities in Agawam and West Springfield, Massachusetts, totaling 115 apartment units. These properties offer a rare opportunity to acquire a critical mass of units in highly desirable Western Massachusetts rental markets, with substantial recent capital improvements and significant upside potential through continued unit renovations and operational efficiencies. Elizabeth Manor Located at 238 Maple Street, Agawam, MA, Elizabeth Manor is a 40-unit community situated on 1.7 acres. The unit mix consists of 39 two-bedroom apartments and one three-bedroom apartment. Recent improvements include brand-new double-hung vinyl windows and wall-mounted mini-split HVAC systems in all units. Current ownership has renovated 17 units with upgraded kitchens featuring granite countertops, stainless steel appliances, new flooring, and updated bathrooms. Imperial Apartments Located on River Street in West Springfield, MA, Imperial Apartments comprises three buildings totaling 75 units on 0.59 acres. The unit mix includes 18 one-bedroom apartments and 57 two-bedroom apartments. Like Elizabeth Manor, all units feature new double-hung vinyl windows and wall-mounted mini-split HVAC systems. Ownership has completed 53 full interior renovations with the same high-quality finishes, including granite countertops, stainless steel appliances, new flooring, and modernized bathrooms. Select units also feature in-unit washer/dryers. Both properties have benefited from significant recent capital expenditures, including new roofs, new doors, common area upgrades, playground installation at Elizabeth, intercom system replacement, and parking lot improvements. All units are currently master-metered for electricity, with landlord-paid utilities. However, there is a substantial opportunity to reduce operating expenses through a solar program (details included in the offering memorandum), which has not yet been implemented by current ownership. The properties are within a 5 minute drive from each other, making management and cost efficiencies easy. With 70 upgraded units across both properties, an incoming investor has the immediate ability to increase NOI by renovating the remaining apartments to achieve market premiums. Coupled with the already-completed building system upgrades, this offering presents a low-maintenance, value-add investment with strong rent growth potential in established, high-demand rental submarkets.

Contact:

Chozick Realty Inc.

Property Subtype:

Multi Family

Date on Market:

2025-08-20

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More details for 100 Mountain Rd, Easthampton, MA - Retail for Sale

100 Mountain Rd

Easthampton, MA 01027

  • Parking Garage
  • Retail for Sale
  • $1,315,207 CAD
  • 3,609 SF
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More details for 88 Airport Blvd, Marlborough, MA - Industrial for Sale

88 Airport Blvd

Marlborough, MA 01752

  • Parking Garage
  • Industrial for Sale
  • $1,819,707 CAD
  • 5,040 SF
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More details for 13 S 6th St, New Bedford, MA - Office for Sale

13 S 6th St

New Bedford, MA 02740

  • Parking Garage
  • Office for Sale
  • $586,785 CAD
  • 4,480 SF
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More details for 99 Access Rd, Norwood, MA - Office for Sale

99 Access Rd

Norwood, MA 02062

  • Parking Garage
  • Office for Sale
  • $1,618,716 CAD
  • 3,754 SF
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More details for 512 Saint James Ave, Springfield, MA - Retail for Sale

512 Saint James Ave

Springfield, MA 01109

  • Parking Garage
  • Retail for Sale
  • $1,348,795 CAD
  • 3,000 SF
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More details for 30 Thacher St, Malden, MA - Office for Sale

30 Thacher St

Malden, MA 02148

  • Parking Garage
  • Office for Sale
  • $2,209,547 CAD
  • 1,990 SF
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More details for 2511 Boston Rd, Wilbraham, MA - Retail for Sale

2511 Boston Rd

Wilbraham, MA 01095

  • Parking Garage
  • Retail for Sale
  • $1,076,446 CAD
  • 5,171 SF
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More details for 0 Heritage dr, Westport, MA - Land for Sale

Heritage Acres - 0 Heritage dr

Westport, MA 02790

  • Parking Garage
  • Land for Sale
  • $22,931,810 CAD
  • 228 AC Lot
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More details for 105 Chestnut St, Needham, MA - Office for Sale

105 Chestnut St

Needham, MA 02492

  • Parking Garage
  • Office for Sale
  • $741,912 CAD
  • 1,215 SF
  • 1 Unit Available
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More details for 293 Bedford St, Whitman, MA - Office for Sale

293 Bedford St

Whitman, MA 02382

  • Parking Garage
  • Office for Sale
  • $937,506 CAD
  • 1,519 SF
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More details for 135-139A Cambridge St, Burlington, MA - Land for Sale

135-139A Cambridge St. Burlington, MA - 135-139A Cambridge St

Burlington, MA 01803

  • Parking Garage
  • Land for Sale
  • $8,768,045 CAD
  • 2.53 AC Lot
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More details for 1372 Main St, Palmer, MA - Retail for Sale

1372 Main St

Palmer, MA 01069

  • Parking Garage
  • Retail for Sale
  • $601,488 CAD
  • 2,560 SF
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More details for Old Ferry Rd, Methuen, MA - Land for Sale

Lot #16 - Old Ferry Rd

Methuen, MA 01844

  • Parking Garage
  • Land for Sale
  • $1,011,698 CAD
  • 15 AC Lot
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More details for 330 Fuller Rd, Chicopee, MA - Industrial for Sale

330 Fuller Rd

Chicopee, MA 01020

  • Parking Garage
  • Industrial for Sale
  • $1,146,591 CAD
  • 16,822 SF
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More details for 399 Main St, Malden, MA - Retail for Sale

399 Main St

Malden, MA 02148

  • Parking Garage
  • Retail for Sale
  • $4,451,469 CAD
  • 24,000 SF
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More details for 911 Belmont Ave, Springfield, MA - Retail for Sale

911 Belmont Ave

Springfield, MA 01108

  • Parking Garage
  • Retail for Sale
  • $1,112,867 CAD
  • 12,476 SF
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More details for 34 Sumner Ave, Springfield, MA - Multifamily for Sale

34 Sumner Ave

Springfield, MA 01108

  • Parking Garage
  • Office/Retail for Sale
  • $403,330 CAD
  • 2,710 SF
  • 1 Unit Available
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