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Multifamily

Woodland Street Apartments

106 Woodland St, Worcester, MA 01610

Listing Price: $1,030,000

Cap Rate
5.51%
Number of Units
8
Occupancy
97.0%
Price/Unit
$128,750
Price/Gross SF
$115.65
Gross SF
8,906

Investment Overview

M&M is please to present the eight unit apartment building located at 106 Woodland Street in Worcester, MA. The building is located 3 doors down from Clark University President's residence. Its comprised of six one-bedrooms and two studio apartments. Heat and hot water are included in the rents. Tenant amenities include off street parking and coin-op laundry. Significant upside to raise rents to local market rates and capture the demand for off-campus student housing.

Investment Highlights

  • Eight-unit apartment building located near Clark University in Worcester, MA.
  • Building is comprised of six one-bedrooms and two studio apartments. Heat and hot water are included in the rents.
  • Off street parking and coin-op laundry available for tenants.
  • Significant upside to raise rents to local market rates for the limited off campus student housing. next to Clark University.

Exclusively Listed By

Financing By

Multifamily

Woodland Street Apartments

Listing Price: $1,030,000

Cap Rate
5.51%
Number of Units
8
Occupancy
97.0%
Price/Unit
$128,750
Price/Gross SF
$115.65
Gross SF
8,906

Investment Highlights

  • Eight-unit apartment building located near Clark University in Worcester, MA.
  • Building is comprised of six one-bedrooms and two studio apartments. Heat and hot water are included in the rents.
  • Off street parking and coin-op laundry available for tenants.
  • Significant upside to raise rents to local market rates for the limited off campus student housing. next to Clark University.

Investment Overview

M&M is please to present the eight unit apartment building located at 106 Woodland Street in Worcester, MA. The building is located 3 doors down from Clark University President's residence. Its comprised of six one-bedrooms and two studio apartments. Heat and hot water are included in the rents. Tenant amenities include off street parking and coin-op laundry. Significant upside to raise rents to local market rates and capture the demand for off-campus student housing.

Exclusively Listed By

Financing By

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