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2053 Memorial Dr
Chicopee, MA 01020

$2,750,000 USD

Apartments For Sale  •  18,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,200 SF
  • Lot Size 1.24 AC
  • Building Class C
  • Year Built 1985
  • Zoning 111
33 Transit Score
63 Walk Score

Highlights

Strong Demand Profile – One-bedroom units demonstrate consistent absorption and sustained demand within the local rental market.
Value-Add Potential – In-place rents are approximately 25% ($282 per unit) below demonstrated market comparables, providing upside through rent growth
Regional Connectivity – Convenient access to major transportation corridors, including I-91, I-391, and the Massachusetts Turnpike (I-90).
High Barriers to Entry – The market is characterized by limited new supply and minimal recent multifamily development, constraining competitive invent
Attractive Residential Location – Situated approximately 0.25 miles from the South Hadley/Chicopee town line within a primarily residential setting.
Portfolio Acquisition Opportunity – Court View Commons may be acquired individually or as part of a portfolio transaction alongside Alden Edge

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Dishwasher
  • Laundry Facilities
  • Security System
  • Tenant Controlled HVAC
  • Smoke Free
  • Refrigerator
  • Oven
  • Range
  • Intercom
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
7 min - 2.6 mi
17 min - 8.2 mi
AirportDriveWalkDistance
Bradley International 44 min - 22.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Taylor Perun 203-692-2420 Northeast Private Client Group
Taylor Perun 203-692-2420 Northeast Private Client Group