PECKHAM BOSTON ADVISORS
FOUR LONGFELLOW PLACE, SUITE 2003
BOSTON, MA. 02114
TELEPHONE: 617-523-4440 FAX: 617 523 4736
E-mail: bostonjack@earthlink.net
WORLDWIDEWEB OFFICE: http://www.inetworks.com/revest/
EXECUTIVE SUMMARY:
Location: This western Massachusetts year round contemporary complex is located on a 17.4 acre site zoned for multi-family use with a density of 20 units per acre. Built as a condominium complex, this prime offering is located less that 15 minutes from downtown Springfield (5 minutes from I-91), in an exclusive area at the base of Mt. Tom. Located adjacent to the ski slope this offering enjoys wonderful views of the Connecticut River Valley.
Description: There are 56 apartments, a gate house/manager's office, and pool. Land for the development of an additional 200 units is included in this offering.
The 2, 2 ½, and 3 bedroom units have individual full basements. The 1 and 1 ½ bedroom units have shared basements. Special amenities in various floor plans include working fireplaces, spiral staircases, central air, individual washer-dryer hookups and sliding glass doors to patios and/or decks.
NOI: $333,458 from existing 56 units
Price: $4,500,000 includes land zoned for an additional 200 units.
Contact: John M. Peckham III Telephone 617 523 4440
Information contained herein is from sources deemed reliable, however no representations are warranted. Offering is subject to change in price or withdrawal without notice.
This information has been received from sources deemed reliable but is presented subject to errors and omissions and withdrawal without notice.