This property is Off-Market

24 Silver Street
Great Barrington, MA 01230 ·

66 Units · Multifamily For Sale

N/A

Print

Beech Tree Commons

Price N/A Property Use Type Investment
No. Units 66 Cap Rate 7%
Building Size 45,000 SF No. Stories 1
Property Type Multifamily Year Built 1972
Property Sub-type Garden/Low-Rise Lot Size 4.53 AC
Listing ID: 16783083 Date Created: 08/03/2010 Last Updated: 02/08/2011

Description

Property consists of 8 detached 1-story multi-family apartment bldgs containing 45,000sf of living space. 66 units (30 1br / 36 2br). 1br units are 600sf & 2br units are 866sf. Units are garden style w/1 bath. Built about 1972 & wood framed w/vinyl exterior & gable roofs covered w/shingles. 4.5 acres with on-site parking for about 100 cars. The site is serviced by public water and sewer, natural gas, electric & cable. Each bldg has 8 units w/one bldg having 10 units. Roofs reshingled in 95/96. All are vinyl exterior w/aluminum gutters & downspouts w/poured concrete foundations. Windows are double hung thermo pane w/screens. 19 kitchens have been remodeled. There is a boiler for each bldg w/individual recirculating pumps for each unit. All the boilers were replaced between 1998 & 2004 then converted to natural gas in 2008-2009 with new burners replaced at that time. Hot water holding tanks were replaced between 2000 through 2005. There is a laundry room in the basement of each bldg. Lawn sprinkler system installed in 2005. Parking lot was repaved in 2000.

The apartment complex with park like grounds is located right off Routes 7 and 23 and is within walking distance to the center of town.

Research

24 Silver Street, Great Barrington, MA 01230 (Berkshire County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Great Barrington Market Trends - Asking price index trends, sale price trends, asking rent trends

Thomas King's Other Listings

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)