Apartments For Sale • 187,355 SF
| Generational Ownership Opportunity – 216-unit community owned and professionally managed by the same group for 50+ years. |
| Scale in Supply-Constrained Market – Rare opportunity to acquire size and history along the I-495 corridor north of Boston. |
| Efficient, In-Demand Unit Mix – 93% one- and two-bedroom units supporting strong leasing velocity and occupancy. |
| Proven Financial Momentum – Strong recent NOI growth driven by revenue gains and improved expense management. |
| Clear Value-Add Potential – Opportunity to push rents through light upgrades on well-maintained classic units. |
| Transit-Accessible Location – Direct access to I-95, I-495, Route 3, and commuter rail connectivity to major job centers. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| North Billerica (Lowell Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) | 4 min | - | 1.9 mi |
| Lowell (Lowell Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) | 11 min | - | 6.2 mi |
| Airport | Drive | Walk | Distance |
| General Edward Lawrence Logan International | 39 min | - | 24.6 mi |
| Manchester Boston Regional | 50 min | - | 33.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 304 |
| Type: | Surface |
| Included in Rent: | Yes |