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Lowell 25 unit Portfolio Multifamily 5 Multifamily Properties Offered at $7,700,000 in Lowell, MA

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INVESTMENT HIGHLIGHTS

  • The Location in relationship in Umass North campus is perfect. Fully tenanted

EXECUTIVE SUMMARY

Comprising six buildings strategically located in a prime area near North Campus, the Lowell Portfolio presents an exceptional investment opportunity. This portfolio consists of 25 units, featuring a total of 70 bedrooms and 27 bathrooms, making it a sought-after choice for potential tenants. The diversity of unit layouts accommodates a range of lifestyles, attracting families, students, and professionals alike.
The exteriors of the properties have been maintained exceptionally well, reflecting pride of ownership and commitment to quality. Well-manicured and attractive curb appeal enhance the overall aesthetic, creating an inviting atmosphere for residents and visitors. One standout property within this portfolio is located at 124-126 University Ave, which underwent a complete renovation in 2011. This building boasts modern amenities, including gas-forced hot air and central units, ensuring comfort and efficiency for its occupants.
Additionally, the portfolio's strategic location means that residents enjoy easy access to a wealth of amenities, including shopping, dining, and recreational facilities. With all properties situated within walking distance to North Campus, commuting is a breeze, further increasing the desirability of the units. The vibrant neighborhood fosters a sense of community, making it an ideal place for residents to call home.
Investing in the Lowell Portfolio not only offers a solid foundation for growth but also a unique opportunity to build upon a legacy of excellence in property management. With its combination of well-maintained properties, convenient location, and diverse unit offerings, this portfolio is poised for continued success and profitability.

ATTACHMENTS

Portforlio sheet
25 Unit Portfolio rent roll

TAXES & OPERATING EXPENSES (PRO FORMA - 2025)

ANNUAL
Gross Rental Income -
Other Income -
Vacancy Loss -
Effective Gross Income -
Net Operating Income $530,795

TAXES & OPERATING EXPENSES (PRO FORMA - 2025)

Gross Rental Income
Annual -
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual -
Net Operating Income
Annual $530,795

PROPERTY FACTS

Price $7,700,000
Price / SF $215.25 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 6.15%
Sale Type Investment
Status Under Contract
Number of Properties 5
Individually For Sale 0
Total Building Size 35,772 SF
Total Land Area 0.41 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
170-172 Riverside St, Lowell, MA 01854 Multifamily 9,850 SF 1880 -
124 University Ave, Lowell, MA 01854 Multifamily 7,785 SF 1880 -
162-164 Riverside St, Lowell, MA 01854 Multifamily 6,350 SF 1930 -
35 Gershom Ave, Lowell, MA 01854 Multifamily 6,010 SF 1930 -
19 Gardner Ave, Lowell, MA 01854 Multifamily 5,777 SF 1890 -
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  • Listing ID: 36787542

  • Date on Market: 7/17/2025

  • Last Updated:

  • Address: Lowell 25 unit Portfolio Multifamily, Lowell, MA

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