169 High St - Apartments FOR SALE


Holyoke, MA 01040- Downtown Holyoke
$6,500,000 USD
617-457-3266
169 High St, Holyoke, MA for Sale
$6,500,000 USD
Apartments - FOR SALE
1/20
null | 9.89% Cap Rate

169 High St
Holyoke, MA 01040
Downtown Holyoke


HIGHLIGHTS

  • CASH FLOW - Existing Gross Revenue over $1 million
  • STABILIZED ASSET - Since 2016, the owners have maintained a 95-100% occupancy
  • TURNKEY - maintained and professionally managed by an experienced operator
  • LOCATION - well located in the professional services hub of High St., next to City Hall

OVERVIEW

HIGH STREET PORTFOLIO 164-178 High St., 169-171 High St., 177-179 High St., 185-193 High St., 195-199 High St. Hunneman, as exclusive agent, is pleased to present an excellent investment opportunity to acquire a substantial mixed-use real estate portfolio located along High Street, the historic commercial corridor in Holyoke, Massachusetts. The High Street Portfolio consists of seven (7) buildings strategically positioned on both sides of High Street within the city’s Northern Historic District. This well-balanced portfolio features 15 commercial tenants and 46 residential apartments, totaling approximately 81,961 ± square feet (SF). With strong in-place income and stabilized cash flow, this offering represents a compelling opportunity for investors seeking scale, location, and upside in a vibrant and historically significant urban setting. This offering is available for immediate acquisition with an asking price of $6,500,000. There is no set bid date. Offers can be made at any time.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

61

PRICE/UNIT

$106,557

CAP RATE

9.89%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HIGH STREET PORTFOLIO

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,222 SF

ZONING

BC

APN/PARCEL ID

HOLY-000012-000002-000002

ASK ABOUT THIS PROPERTY

Dan McGeeHunnemanMore Info
617-457-3266

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Dan McGeeHunnemanMore Info
617-457-3266

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.