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19 Bradford Dr
Greenfield, MA 01301
Pine Ridge Estates · Multifamily Property For Sale
·
108 Units
PROPERTY FACTS
| No. Units | 108 | Lot Size | 12.10 AC |
| Property Type | Multifamily | Building Size | 94,400 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 1972/1997 |
| Zoning | RA | ||
| No. Units | 108 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 12.10 AC |
| Building Size | 94,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/1997 |
| Zoning | RA |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Refrigerator
- Range
- Carpet
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Business Center
- Concierge
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Basketball Court
- Grill
- Laundry Service
- Package Service
- Volleyball Court
ABOUT 19 BRADFORD DR , GREENFIELD, MA 01301
Pine Ridge Estates is a market-rate apartment community sitting on 12.1 +/- acres. There are seven (7), two-story residential buildings as well as a single-story leasing, maintenance and amenity building. Originally built in 1972, the community last went through wholesale renovations over 20 years ago. The community is made up entirely of two-bedroom apartment homes, with nearly half offering an additional half bath off the master bedroom. The community is one of the only professionally managed and amenitized apartment communities in the immediate submarket and as a result, outperforms the market. Over the last four years, Pine Ridge Estates has averaged 97% occupancy and 3.9% annual revenue growth. There are five units at the property which have two different renovation levels achieving premiums of between $145 and $185 per month. The mini-upgrade has painted cabinets and in-unit laundry, while the full upgrade also offers new black appliances, Formica countertop and vinyl flooring. To find out more about the property, please download and execute the confidentiality agreement.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 56 | - | 850 |
| 2+2 | 52 | - | 900 |
PROPERTY TAXES
| Parcel Number | R42 24B 0 | Improvements Assessment | $10,419,200 |
| Land Assessment | $2,700,200 | Total Assessment | $13,119,400 |
PROPERTY TAXES
