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Blue Line Portfolio
Boston, Massachusetts MA 02128
$47,000,000 Sold For
Closed Status
72901002 Listing ID
a 36-building, transit-oriented apartment portfolio containing 114 units located in the East Boston neighborhood of Boston, Massachusetts. From 2014-2015, the Sponsor individually acquired the assets and underwent a specific value-enhancement program. Currently 98% leased, The Portfolio offers investors significant value-add upside through in-unit finishes and the potential for additional density. The entirety of the Portfolio spans across a 2.5-mile distance in East Boston, offering investors immediate scale in a popular Boston neighborhood.
Status Closed
Sold Date 9/30/2022
County Suffolk
Property Type Commercial Sale
Commercial Sale

Primary Features

County: Suffolk
Property Type: Commercial Sale

Interior

Building Area Units: Square Feet

External

Farm Land Area Units: Square Feet
Lot Size Units: Acres

Location

Country: US
Directions: 36 building portfolio located in East Boston.
Zoning Description: Other (See Remarks)

Additional

Business Type: 5+ Residential
Mls Status: Sold

Financial

Buyer Agency Compensation: .5
Contingency: Inspection
Disclosures: This Is A Portfolio Listing So Most Accurate Information Including Updated Pricing, Financials And War Room Access Will Be Provided Upon Signing Of Confidentiality Agreement.

Zoning Info


Contact - Listing ID 72901002

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Lili Banani

160 Commonwealth Ave
Boston, MA 02116
Phone: 617-407-0402

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