617-816-5257
54-80 Mount Vernon St, Somerville, MA for Sale
Apartments - FOR SALE
1/11
null | Request Cap Rate

54-80 Mount Vernon St
Somerville, MA 02145
East Somerville


OVERVIEW

Cushman & Wakefield Multifamily Advisory group is pleased to present the opportunity to acquire The Mount Vernon Collection (54-60 and 80-82 Mount Vernon Street), a 23-unit, project-based Section 8, apartment portfolio located in Somerville, Massachusetts. The portfolio is comprised of two (2) beautiful brick buildings, 54-60 and 80-82 Mount Vernon Street. Strategically located in one of the most rapidly evolving neighborhoods in the Greater Boston area, the property is surrounded by multiple on-going and upcoming transformative developments, such as Assembly Row, Encore Boston Resort and Casino, Cambridge Crossing, Hood Park, and the Green Line Extension. Additionally, the property offers residents unparalleled transit options, including the MBTA – Orange Line at Sullivan Square (0.5mi +/-) and immediate access to multiple bus routes and I-93, located just steps from the asset. The Mount Vernon Collection is available on an “as-is” basis and is being offered without a formal asking price. Upon receipt of a signed confidentiality agreement, qualified investors will be provided with the offering materials and access to additional due diligence information. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a “Call for Offers”. For more information on the property and to sign the Confidentiality Agreement, please visit: https://multifamily.cushwake.com/Listings/MtVernon

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

23

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mount Vernon Collection

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

RB

APN/PARCEL ID

SOME-000103-E000000-000014,SOME-000103-E000000-000015

ASK ABOUT THIS PROPERTY

Chris SowerCushman & WakefieldMore Info
617-816-5257

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Chris SowerCushman & WakefieldMore Info
617-816-5257

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