238 Maple St - Apartments FOR SALE


Agawam, MA 01001
$6,750,000 USD
781-300-2502
238 Maple St, Agawam, MA for Sale
$6,750,000 USD
Apartments - FOR SALE
1/11
null | 7.18% Cap Rate

238 Maple St
Agawam, MA 01001


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Recent Capital Improvements
  • Off-Street Parking
  • Durable Brick Construction
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property, known as “Elizabeth Manor”, located at 238 Maple Street in Agawam, MA (the “Property”). The multi-story building contains thirty-nine (39) 2-Bedroom/1-Bathroom units and one (1) 3-Bedroom/1-Bathroom unit with 37,944 square feet of gross living area in 38,784 square feet of gross area. The Property is situated upon a 1.70-acre parcel and features ample off-street parking spaces on the Property. The Property is well-positioned in Agawam, offering convenient access to the city’s primary commercial corridors, surrounding residential neighborhoods, and the broader Springfield metropolitan area. The property benefits from strong connectivity to major regional roadways including Interstate 91 and Route 57, providing direct access to downtown Springfield, neighboring communities, and key employment hubs throughout Western Massachusetts and Northern Connecticut.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

40

PRICE/UNIT

$168,750

CAP RATE

7.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Elizabeth Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

BB

APN/PARCEL ID

AGAW-000015I-000003-000006

ASK ABOUT THIS PROPERTY

Michael BradleyHorvath & TremblayMore Info
781-300-2502

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Michael BradleyHorvath & TremblayMore Info
781-300-2502

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