5 Suburban Rd | Worcester, MA 01602
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- LoopNet Team
5 Suburban Rd
Worcester, MA 01602
Highland West · Multifamily Property For Sale
·
92 Units
INVESTMENT HIGHLIGHTS
- Transit Oriented Community
- Rapidly Expanding Life Science, Research, & Industrial Hub
- 100% Market-Rate Asset with Value-Add Opportunity
- Excellent Employment Access
- Wide Array of Amenities
PROPERTY FACTS
| No. Units | 92 | Building Size | 106,088 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 8 |
| Apartment Style | Mid-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.09/1,000 SF |
| Lot Size | 2.50 AC | ||
| Zoning | RG-5 | ||
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 2.50 AC |
| Building Size | 106,088 SF |
| Average Occupancy | 97% |
| No. Stories | 8 |
| Year Built | 1965 |
| Parking Ratio | 1.09/1,000 SF |
| Zoning | RG-5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Walk-In Closets
SITE AMENITIES
- 24 Hour Access
- Business Center
- Clubhouse
- Courtyard
- Property Manager on Site
- Security System
- Video Patrol
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 63 | - | 1,000 |
| 2+2 | 29 | - | 1,500 |
PROPERTY TAXES
| Parcel Number | WORC-43 011 00001 | Improvements Assessment | $10,024,100 |
| Land Assessment | $7,560,000 | Total Assessment | $17,584,100 |
PROPERTY TAXES
Parcel Number
WORC-43 011 00001
Land Assessment
$7,560,000
Improvements Assessment
$10,024,100
Total Assessment
$17,584,100
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