Brookview Townhomes 140 Union St 80 Unit Apartment Building For Sale Westfield, MA 01085
INVESTMENT HIGHLIGHTS
- 100% MARKET-RATE WITH STRONG PROPERTY LEVEL FUNDAMENTALS
- STRONG RENTER DEMOGRAPHICS & ACCESS TO LIFESTYLE AMENITIES
- SIGNIFICANT REMAINING UPSIDE IN RENTS THROUGH LTL & RENOVATIONS
EXECUTIVE SUMMARY
Brookview Townhomes is an 80-unit townhouse apartment community in Westfield, MA. The community continues to experience
strong property fundamentals, with proven value-add upside and favorable in-place debt.
We are offering this property for sale without an asking price, and will be conducting tours with a call-for-offers to follow shortly thereafter.
CBRE Capital Markets has been exclusively retained to sell The NBM Apartment Portfolio (the “Portfolio”), 267-unit, four-property apartment portfolio. The four properties are Brookview Townhomes in Westfield, MA, Longhill Gardens in Southampton, MA, Palmer Gardens in Palmer, MA & 905 Lofts in East Hartford, CT. While we are offering this opportunity as a portfolio, we welcome offers on a sub-portfolio or individual basis.
strong property fundamentals, with proven value-add upside and favorable in-place debt.
We are offering this property for sale without an asking price, and will be conducting tours with a call-for-offers to follow shortly thereafter.
CBRE Capital Markets has been exclusively retained to sell The NBM Apartment Portfolio (the “Portfolio”), 267-unit, four-property apartment portfolio. The four properties are Brookview Townhomes in Westfield, MA, Longhill Gardens in Southampton, MA, Palmer Gardens in Palmer, MA & 905 Lofts in East Hartford, CT. While we are offering this opportunity as a portfolio, we welcome offers on a sub-portfolio or individual basis.
PROPERTY FACTS
| Sale Type | Investment |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.44 AC |
| Building Size | 77,600 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2021 |
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 80 | - | 900 |
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PROPERTY TAXES
| Parcel Number | WFLD-000226-000000-000002 | Improvements Assessment | $5,928,251 CAD |
| Land Assessment | $114,376 CAD | Total Assessment | $6,042,627 CAD |
