Cushman & Wakefield’s New England Multifamily Advisory Group is pleased to present for sale Arlington & Cortes, a 58-unit portfolio consisting of four (4) individual brownstone properties in Boston’s Bay Village neighborhood. The portfolio is designated with full Lodging Licenses. The buildings are equipped with recently renovated rooms, bathrooms, common areas, laundry facility and systems, including new roofs and life safety systems, and beautifully re-pointed brick facades. Interior units present a significant value-add potential with the benefit from strong existing cash flow.
The properties are positioned in one of Boston’s most convenient and supply-constrained neighborhoods, Bay Village, which offers superb transit options and easy access to major highways. The properties are centrally located to Boston’s top employment districts, including Downtown Boston, the Longwood Medical Area, and Back Bay. Arlington & Cortes are also proximate to many of Boston’s top institutions and amenities in South End, Back Bay, and Downtown Boston.