For Sale
$16,750,000

211 Onset AveWareham, MA 02558

Coastal MA Multifamily & Commercial Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 10-building, 83-unit portfolio in the desirable seaside community of Onset, Wareham, Massachusetts. Located in Plymouth County, this mixed-use property offers a compelling blend of multifamily and commercial space, providing significant value-add potential. The portfolio comprises a diverse range of units, including studios and apartments with up to three bedrooms, along with office and retail spaces. Tenants enjoy the charm of Onset, situated on Buzzards Bay, approximately 50 miles south of Boston, with convenient access via I-495 and I-195. The portfolio's scale allows for operational efficiencies in a market with limited supply. Individual buildings range in size from a 4-unit complex featuring two residential townhouses and two commercial units, to larger buildings with up to 17 residential units. The portfolio includes properties located at 1 Bodfish Ave (8 apartments, 4 garage bays), 54 Longwood Ave (17 units, mix of 1, 2, and 3-bedroom apartments), 4-6 W. Central Ave (7 apartments), 211 Onset Ave (7 apartments, 3 office/retail spaces), 215 Onset Ave (5 apartments, 3 office/retail spaces), 219 Onset Ave (4 units: 2 residential, 2 commercial), 4 Union Ave (10 apartments), 17 Union Ave (3 apartments), 155 Onset Ave (5 apartments), and 6 S. Water St (10 apartments, 1 cottage). The asking price for this substantial portfolio is $16,750,000. This presents a rare opportunity to acquire a significant presence in a thriving coastal market with strong potential for future growth.

Highlights

  • 10-building, 83-unit multifamily portfolio in Onset, MA.
  • Mix of studio to 3-bedroom apartments plus commercial space in a seaside community.
  • Significant value-add potential through renovations and re-leasing.
  • Offers immediate scale and operating efficiencies in a supply-constrained market.
  • Located in Onset, MA, a charming village near Buzzards Bay, ~50 miles south of Boston, with easy highway access (I-495 & I-195) and proximity to Cape Cod, Southcoast Health, and UMass Dartmouth.
  • Property tours and call for offers upcoming.

Property Details for 211 Onset Ave

Property type
Mixed-use properties
Buildings
10
Units
83

Location Insight

City
Wareham
County
Plymouth
State
Massachusetts
Latitude
41.7425849
Longitude
-70.6600944
211 Onset Ave, Wareham, Massachusetts

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211 Onset Ave
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