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Appleton Square Apartments 171 East St 140 Unit Apartment Building For Sale Methuen, MA 01844
Investment Highlights
- QUALITY SUBURBAN APARTMENT LIVING
- ROBUST PROPERTY TRENDS WITH SIGNIFICANT IN-PLACE VALUE TO MARKET
- ABUNDANCE OF NEARBY LIFESTYLE AMENITIES
- PROVEN RENOVATIONS WITH FURTHER UPSIDE
- DESIRABLE METRO NORTH EMPLOYMENT MARKET
Executive Summary
CBRE Capital Markets has been exclusively retained to sell Appleton Square (The “Property”), a 140-unit apartment community, with proven value-add upside and favorable in-place debt in Methuen, MA. We are offering this property for sale without an asking price and will be conducting tours with a call-for-offers to follow shortly thereafter.
Property Facts
| Sale Type | Investment | Building Size | 150,465 SF |
| No. Units | 140 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1988/2006 |
| Apartment Style | Garden | Parking Ratio | 0.2/1,000 SF |
| Building Class | B | ||
| Zoning | R6 - R6 - Medium density residential district | ||
| Sale Type | Investment |
| No. Units | 140 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Building Size | 150,465 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1988/2006 |
| Parking Ratio | 0.2/1,000 SF |
| Zoning | R6 - R6 - Medium density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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Property Taxes
| Parcel Number | TOPS M:0024 B:0070 L: | Improvements Assessment | $13,495,800 |
| Land Assessment | $5,148,000 | Total Assessment | $18,643,800 |
Property Taxes
Parcel Number
TOPS M:0024 B:0070 L:
Land Assessment
$5,148,000
Improvements Assessment
$13,495,800
Total Assessment
$18,643,800
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Appleton Square Apartments | 171 East St
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