102 Shawomet Avenue

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Address: 102 Shawomet Avenue, Somerset, Massachusetts, US
Created date: May 20, 2024
Date last updated: May 20, 2024
  • Demand Driven Submarket
  • Desirable Residential Area
  • Well Maintained
  • Ample Garage & Surface Parking
  • Pristine Grounds
  • Value-Add Potential

Property Description

Boston Realty Advisors is pleased to present the opportunity to acquire an 100% market rate, 240-Unit value-add apartment community in Somerset, Massachusetts; Shawomet Gardens. Shawomet Gardens consists of over 60 residential buildings as well as a two-family home, a single-family home, and a retail store. The property offers investors immediate scale and significant value-add potential through a strategic renovation program and rent growth. Shawomet Gardens presents a unique opportunity to purchase 240 market rate units in a demand driven submarket. Shawomet Gardens is offered for sale on an unpriced basis. Boston Realty Advisors will be conducting tours of the property in the upcoming weeks with a “call-for-offers” to follow.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
No. of Units: 240
Year Built: 1949
Lot Size: 12.46 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 102 Shawomet Avenue, Somerset, MA 02726, USA
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