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7 Cameron 7 Cameron Ave 37 Unit Apartment Building $30,000,000 ($810,811/Unit) Cambridge, MA 02140
EXECUTIVE SUMMARY
$30 million asking price is for fee simple or best offer
Ground lease sale can be considered as well
Units originally designed for condos, can be converted for exit strategy. Units are individually metered.
Building has only ever been owned by current Landlord. Current Landlord Acorn Holdings is willing to continue managing the property if buyer is looking for passive investment.
Ground lease sale can be considered as well
Units originally designed for condos, can be converted for exit strategy. Units are individually metered.
Building has only ever been owned by current Landlord. Current Landlord Acorn Holdings is willing to continue managing the property if buyer is looking for passive investment.
DATA ROOM Click Here to Access
- Operating and Financials
PROPERTY FACTS
| Price | $30,000,000 | Building Class | A |
| Price Per Unit | $810,811 | Lot Size | 0.60 AC |
| Sale Type | Investment | Building Size | 49,266 SF |
| No. Units | 37 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2013 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.81/1,000 SF |
| Zoning | BA2 | ||
| Price | $30,000,000 |
| Price Per Unit | $810,811 |
| Sale Type | Investment |
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.60 AC |
| Building Size | 49,266 SF |
| Average Occupancy | 97% |
| No. Stories | 4 |
| Year Built | 2013 |
| Parking Ratio | 0.81/1,000 SF |
| Zoning | BA2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Heating
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Ice Maker
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Grill
- Freezer
- Intercom
- Patio
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Clubhouse
- Courtyard
- Fitness Center
- Picnic Area
- Grill
- Wi-Fi
- Bicycle Storage
- Elevator
- Sundeck
- Public Transportation
- Green Community
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | - | 733 |
| 2+2 | 26 | - | 1,108 - 1,184 |
Walk Score®
Walker's Paradise (96)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | CAMB-000184-000000-000106 | Improvements Assessment | $14,753,900 |
| Land Assessment | $6,726,300 | Total Assessment | $21,480,200 |
PROPERTY TAXES
Parcel Number
CAMB-000184-000000-000106
Land Assessment
$6,726,300
Improvements Assessment
$14,753,900
Total Assessment
$21,480,200
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7 Cameron | 7 Cameron Ave
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