508-505-0832
255 Main St, Hyannis, MA for Sale
Apartments - FOR SALE
1/13
null | Request Cap Rate

255 Main St
Hyannis, MA 02601


OVERVIEW

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 255 Main Street, a luxury apartment community that was recently delivered in the highly desirable neighborhood of Hyannis, Massachusetts. The property includes approximately 3,500 square feet of retail space on the first floor bringing additional convenience to life at 255 Main. Two (2) two-bedroom units and eight (8) 1-bedroom units are located on the second and third floors with additional secure storage and laundry in the basement. Cape Cod, Massachusetts is one of the most supply constrained locations in the country. 255 Main Street allows investors to expect little oncoming competition in the future. Concurrently, home prices on the Cape have grown to historical levels. The median home price in Barnstable County is over $1 million. The continuing affordability dilemma has made renting a much more affordable alternative in the region.

FOR SALE DETAILS

PRICE

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# OF UNITS

12

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2020

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,196 SF

ZONING

B

APN/PARCEL ID

HYAN-000327-000000-000247

ASK ABOUT THIS PROPERTY

Jonathan BryantCushman & WakefieldMore Info
508-505-0832

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Jonathan BryantCushman & WakefieldMore Info
508-505-0832

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.