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WPI Porfolio
Worcester, MA Institute Park

$9,900,000 USD

Multifamily For Sale  •  38,400 SF

10 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 7.06 %
40 Transit Score
60 Walk Score

Highlights

10 buildings, 30 units (most extensively renovated), 4 with garage parking
Extensively Updated & Stabilized
WPI Student Housing Demand
Predictable Turnover Schedule
Built-In Rent Growth

Property Flyers

Cap Rate: 7.06 %

Public Transportation

Commuter RailDriveWalkDistance
Worcester Union Station (Lake Shore Limited - Amtrak) 4 min - 2.0 mi
Worcester (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) 4 min - 2.2 mi
AirportDriveWalkDistance
Worcester Regional 10 min - 4.6 mi
Brody Murphy Novak Group 617-800-9008 Douglas Elliman
Brody Murphy Novak Group 617-800-9008 Douglas Elliman