The Chandler Hill Portfolio

$1,500,000

A TRULY RARE OPPORTUNITY TO OWN 4 HIGH-PERFORMING MULTI-FAMILIES IN NEW ENGLANDS 2ND LARGEST CITY AND MOST ACCERERALTED NEIGHBORHOOD.

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OFF RT 9, seconds to 290, less than 45MIN to BOSTON, Strategically situated within walking distance to three of New Englands Best Medical UNIVERSITIES/HOSPITALS, where essential frontline services are IN HIGHEST DEMAND AND REALIZING increased wages.

2 Blocks to the 46Acre Bio-Park, where Notable BIOTECH LEADERS, Abbvie/Wuxi & Galaxy Life Science recent $120 MILLION investment to expand a 107,000 sqft state-of-art Bio Research facility and a NEW BioManufacturing Development Complex.

LOCAL DEVELOPERS have Taken Notice, MAJOR CAPITAL BLOCK IMPROVEMENTS have been PERFORMED, NOW ATTRACTS PROFESSIONAL BLUECHIP OCCUPANTS PAYING PREMIUM

Walking distance to 3 of New England’s Top Medical UNIVERSITIES/HOSPITALS, where ESSENTIAL WORKERS are IN HIGHEST DEMAND & REALIZING INCREASED WAGES

Portfolio Details

A TRULY RARE OPPORTUNITY TO OWN 4 HIGH-PERFORMING MULTI-FAMILIES IN NEW ENGLANDS 2ND LARGEST CITY AND MOST ACCERERALTED NEIGHBORHOOD.

As we head into an unpredictable fall and while concerns grow around the uncertainty of the future, this VALUE ADD INVESTMENT OPPORTUNITY is PRIMED to ADD STABILITY TO YOUR PORTFOLIO.

This Package consists of FIVE HIGH-PERFORMING, ADJOINING & ABUTTING Class-C Multifamily buildings, (11) Units (1) Historic Three- Family with 3Beds 1Bath each unit, (1) Spacious Three-Family with 2Beds 1Bath each unit, (1) Upgraded Three-Family with 3beds 1bath each unit (1) Recently improved Two- Family with 7Beds 3Bath, and a City Approved 5,000 square foot buildable lot with water/sewer pipes in place.

Eco-Friendly Local developers have taken noticed and have been making significant capital improvements attracting BLUECHIP PREMIUM TENANTS SEEKING QUALITY APARTMENTS NEAR MEDICAL UNIVERSITIES, HOSPITALS, and BIOTECH FACILITIES. Their tenants Pay $1800 for 3beds & $1500 for 2 Beds. (View Rental Comps Attached)

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Portfolio Snapshot

  • Four Buildings, Five Parcels, Eleven Units
  • 31 Bedrooms , 12 Bathrooms
  • Annual Gross Rent $123,000 Vs $208,000
  • 80% Occupancy with MTM Tenants
  • Current CapRate @ 8.62%
  • Washer/Dryer Hookups
  • 1:1 Parking Ratio

Key Highlights

  • Arms Length to Route 9
  • 1 Min to Route 290
  • 15 to 3 Hospitals/Medical Universities
  • Blocks to WPI BioEngineering
  • 15 min Walk Union Station
  • 45 Min Drive to Boston
  • 1 Block to  46 Acre Bio-Tech Park
  • 4 Blocks to the Ractory.