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13 Brookside Ave
Worcester, MA 01602
Tatnuck Square · Multifamily Property For Sale · 120 Units
PROPERTY FACTS
| No. Units | 120 | Building Size | 132,108 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1969/2005 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 10.70 AC |
| No. Units | 120 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 10.70 AC |
| Building Size | 132,108 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built/Renovated | 1969/2005 |
| Parking Ratio | 1.07/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Refrigerator
- Walk-In Closets
Site Amenities
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Security System
- Grill
- Laundry Service
- Sundeck
About 13 Brookside Ave , Worcester, MA 01602
Tatnuck Arms is a 100% market-rate apartment community, which was built between 1969 and 1972. It sits on 10.7 +/- acres and consists of five, three-story residential buildings surrounding an outdoor swimming pool and grilling area. Additionally, there is a single-story leasing office and maintenance building. Tatnuck Arms is made up of 90% two-bedroom apartments, with nearly every home offering a private outdoor patio or balcony. Over the last five years, Tatnuck Arms has averaged 97% occupancy and 5.0% annual rent growth. There are 54 units at the property which have both newer kitchens and baths dating between 2000 and 2005 (one unit in 2015). These units currently receive an average premium of $80 per month. With overall in-place rents $250-$300 below other renovated units in the area and $500-$700 below new rental housing in the market, Tatnuck Arms is primed to benefit from further upgrades to unit interiors as well as community amenities.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 660 |
| 2+1 | 84 | - | 950 - 1,000 |
| 2+2 | 24 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | WORC-000040-000006-000001 | Improvements Assessment | $19,168,845 |
| Land Assessment | $11,944,800 | Total Assessment | $31,113,646 |
PROPERTY TAXES
zoning
| Zoning Code | RS-7 |
| RS-7 |
