MLS Number 72317700
- Commercial 5+ Residential
- Year Built 2018
Offered here is a chance to buy a newly built 64-unit apartment complex in Worcester. Construction starts in the fall. Consists of 44 2-bedroom and 20 one-bedroom units built. It's possible at this point to change unit mix. Planned right now are: 20 1-brm units @ 540sf, 24 2-bdrm @ 805sf, and 20 2-bdrm corner units @ 925sf. All are built to condo specifications. Handed over TURN KEY. Or, investor could elect to put 1.5M down, sign on loan with builder, and get 40% ownership of the complex. Worcester was recently named by Axios as one of the nations top 10 up-and-coming tech startup hubs. Google "new construction apartments in Worcester" and see the rents there! Less than 1.25 mi from Worcester Polytech Institute.
Listed by Stephanie Connors of SR Commercial Realty