Silver Brick Square 122 Chestnut St 114 Unit Apartment Building $16,000,000 ($140,351/Unit) 7.64% Cap Rate Springfield, MA 01103

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 122 Chestnut Street in Springfield, MA (the “Property”). The seven-story building contains one-hundred and fourteen (114) total units, comprised of fifty-three (53) 2-Bedroom/1-Bathroom units, two (2) 2-Bedroom/1.5-Bathroom units, forty (40) 1-Bedroom/1-Bathroom units, one (1) 3-Bedroom/1.5 Bathroom unit, and eighteen (18) Studio units with 183,840 square feet of gross living area. The Property is situated upon a 0.59-acre parcel and offers ample parking with one-hundred and two (102) spaces available via a land lease for a multi-story parking garage next to the Property. The Property is centrally located in the heart of downtown Springfield, offering exceptional visibility and accessibility within the city’s active urban core. The property benefits from proximity to major employers, government offices, and cultural destinations, including the MGM Springfield resort, MassMutual Center, and Springfield Museums. Its prime downtown location provides convenient access to public transit, Interstates 91 and 291, and an array of nearby dining, retail, and service amenities, making it an ideal setting for both residents and businesses seeking a vibrant, well-connected environment.