26 Forestdale Ave Holyoke, MA 01040
72 Units, 7.02% Cap Rate, Value-Add
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 72-unit multifamily apartment building portfolio in Holyoke, MA, offered at $6,950,000.
- Value-add investment opportunity with a 7.02% current cap rate and a pro-forma cap rate of 10.21%.
- 46,400 square feet across two locations: 26 Forestdale Ave and 575-577, 581-583, 585-589 Pleasant St.
- Well-maintained properties with on-site laundry facilities and ample off-street parking.
- Unit mix includes studios, one-bedroom, and two-bedroom apartments.
Property Details for 26 Forestdale Ave
- Property type
- Apartment buildings
- Square Feet
- 46,400 SF
- Units
- 72
Location Insight
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Latitude
- 42.2100739
- Longitude
- -72.6213712
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 72 Units, 7.02% Cap Rate, Value-Add
- Where is the apartment building located?
- The property is located at 26 Forestdale Ave Holyoke, MA.
- What is the asking price?
- The asking price for this property is $6,950,000.
- What are key features of this property?
- This property features: 72-unit multifamily apartment building portfolio in Holyoke, MA, offered at $6,950,000.; Value-add investment opportunity with a 7.02% current cap rate and a pro-forma cap rate of 10.21%.; 46,400 square feet across two locations: 26 Forestdale Ave and 575-577, 581-583, 585-589 Pleasant St.
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