Campus of Gordon-Conwell&The Residences
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Campus of Gordon-Conwell&The Residences
2 Properties in South Hamilton, MA
Executive Summary
Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire both the Gordon-Conwell Campus, a generational development or user opportunity spanning 102 acres and 202,952 SF of existing educational campus facilities and/or The Residences at Hamilton, a 209-unit, 1980’s vintage, garden style apartment complex, spanning 6 buildings, located in Hamilton, Massachusetts.
The property has been the home of Gordon-Conwell Theological Seminary for nearly half a century. The full offering spans 102 acres in one of Massachusetts most prominent towns.
The Gordon-Conwell Campus, offers developers, investors, and institutions, countless opportunities to enter what has historically been considered an impenetrable submarket. The site presents a multitude of redevelopment options ranging from commercial, to ultra-high-end residential development, to continued and enhanced educational and institutional use, among many others.
The Residences at Hamilton features six (6), 3-story garden-style apartment buildings totaling 209 units and approximately 194,391 rentable square feet. The buildings, built between 1976 and 1988, sit on approximately 102 acres in an idyllic residential New England setting and offer residents ample parking. Institutionally owned and operated since their original development, the buildings have historically been rented as quasi dormitories by students of the institution, but maintain traditional apartment floor plans, consisting of spacious studio, one (1), two (2) and three (3) bed layouts. The offering presents the opportunity for a new ownership group to operate the buildings as traditional apartments in one of Massachusetts’ highest barriers to entry towns, where virtually no competitive apartment properties exist today.
Pricing & Process
The Gordon-Conwell Campus and The Residences at Hamilton are offered without a formal asking price. Upon Receipt of a signed confidentiality agreement, qualified investors will be provided with access to the offering memorandum and due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, C&W will schedule a “Call for Offers”.
Investors are invited to submit bids for the Gordon-Conwell Campus and The Residences at Hamilton as a single portfolio or as individual properties.
The property has been the home of Gordon-Conwell Theological Seminary for nearly half a century. The full offering spans 102 acres in one of Massachusetts most prominent towns.
The Gordon-Conwell Campus, offers developers, investors, and institutions, countless opportunities to enter what has historically been considered an impenetrable submarket. The site presents a multitude of redevelopment options ranging from commercial, to ultra-high-end residential development, to continued and enhanced educational and institutional use, among many others.
The Residences at Hamilton features six (6), 3-story garden-style apartment buildings totaling 209 units and approximately 194,391 rentable square feet. The buildings, built between 1976 and 1988, sit on approximately 102 acres in an idyllic residential New England setting and offer residents ample parking. Institutionally owned and operated since their original development, the buildings have historically been rented as quasi dormitories by students of the institution, but maintain traditional apartment floor plans, consisting of spacious studio, one (1), two (2) and three (3) bed layouts. The offering presents the opportunity for a new ownership group to operate the buildings as traditional apartments in one of Massachusetts’ highest barriers to entry towns, where virtually no competitive apartment properties exist today.
Pricing & Process
The Gordon-Conwell Campus and The Residences at Hamilton are offered without a formal asking price. Upon Receipt of a signed confidentiality agreement, qualified investors will be provided with access to the offering memorandum and due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, C&W will schedule a “Call for Offers”.
Investors are invited to submit bids for the Gordon-Conwell Campus and The Residences at Hamilton as a single portfolio or as individual properties.
Property Facts
Sale Type | Investment | Individually For Sale | 0 |
Status | Under Contract | Total Building Size | 397,343 SF |
Number of Properties | 2 |
Sale Type | Investment |
Status | Under Contract |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 397,343 SF |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
130 Essex St, South Hamilton, MA 01982 | Specialty | 202,952 SF | 1970 | - |
The Residences at Hamilton
5 Conwell, South Hamilton, MA 01982 |
Multifamily | 194,391 SF | 1976 | - |
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