10 Parlmont Park - Multi-Family FOR SALE
North Billerica, MA 01862 |
617-315-4844
10 Parlmont Park
North Billerica, MA 01862
HIGHLIGHTS
- Generational Ownership Opportunity – 216-unit community owned and professionally managed by the same group for 50+ years.
- Scale in Supply-Constrained Market – Rare opportunity to acquire size and history along the I-495 corridor north of Boston.
- Efficient, In-Demand Unit Mix – 93% one- and two-bedroom units supporting strong leasing velocity and occupancy.
- Proven Financial Momentum – Strong recent NOI growth driven by revenue gains and improved expense management.
- Clear Value-Add Potential – Opportunity to push rents through light upgrades on well-maintained classic units.
- Transit-Accessible Location – Direct access to I-95, I-495, Route 3, and commuter rail connectivity to major job centers.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Parlmont Park Apartments
PROPERTY TYPE
Multi-Family
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1970
PARKING SPACES
-
LAND DETAILS
LAND ACRES
7.88 AC
LAND SF
343,253 SF
ZONING
-
APN/PARCEL ID
BILL-000031-000034-000001
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617-315-4844
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617-315-4844
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