221 Old West Warren Rd - Apartments FOR SALE


Warren, MA 01083
$4,465,000 USD
203-692-2420
221 Old West Warren Rd, Warren, MA for Sale
$4,465,000 USD
Apartments - FOR SALE
1/5
null | 7.02% Cap Rate

221 Old West Warren Rd
Warren, MA 01083


HIGHLIGHTS

  • Stable Income-Producing Asset
  • Ample Off-Street Parking | Laundry Facility
  • Centrally Located | 35 Minutes to Springfield | 45 to Worcester
  • Balanced Unit-Mix
  • Recent Capital Improvements | Renovated Units
  • Tenant Paid Utilities

OVERVIEW

Northeast Private Client Group is pleased to present Mountainview Apartments, a well-maintained 32-unit multifamily community located in the scenic town of Warren, Massachusetts. The property is comprised of 16 studios, 8 one-bedroom, and 8 two-bedroom apartments, offering a balanced unit mix that appeals to a wide range of renters. Each unit is heated through tenant-paid electric baseboard systems, while landlord-paid hot water is supplied by a central electric system. Residents benefit from ample off-street parking, an on-site laundry facility, and a dedicated management office, enhancing convenience and tenant satisfaction. The property has been consistently maintained and has had recent capital improvements. Mountainview Apartments represents a compelling opportunity to acquire a stable, income-producing asset in a desirable Central Massachusetts community with continued rental demand and strong operational fundamentals.

FOR SALE DETAILS

PRICE

$4,465,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

32

PRICE/UNIT

$139,531

CAP RATE

7.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mountainview Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

PARKING SPACES

52

LAND DETAILS

LAND ACRES

5.83 AC

LAND SF

253,955 SF

ZONING

RUR

APN/PARCEL ID

WARR-000006-000000-000026

ASK ABOUT THIS PROPERTY

Taylor PerunNortheast Private Client GroupMore Info
203-692-2420

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Taylor PerunNortheast Private Client GroupMore Info
203-692-2420

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