Longhill Garden Apartments | 134 College Hwy
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Longhill Garden Apartments 134 College Hwy
60 Unit Apartment Building For Sale Southampton, MA 01073
Investment Highlights
- 100% MARKET-RATE WITH STRONG PROPERTY LEVEL FUNDAMENTALS
- STRONG RENTER DEMOGRAPHICS & ACCESS TO LIFESTYLE AMENITIES
- SIGNIFICANT REMAINING UPSIDE IN RENTS THROUGH LTL & RENOVATIONS
Executive Summary
Longhill Gardens is a 60-unit apartment community (95% two-bedrooms) in Southampton, MA. The community continues to experience
strong property fundamentals, with proven value-add upside and favorable in-place debt.
We are offering this property for sale without an asking price, and will be conducting tours with a call-for-offers to follow shortly thereafter.
CBRE Capital Markets has been exclusively retained to sell The NBM Apartment Portfolio (the “Portfolio”), 267-unit, four-property apartment portfolio. The four properties are Longhill Gardens in Southampton, MA, Brookview Townhomes in Westfield, MA, Palmer Gardens in Palmer, MA & 905 Lofts in East Hartford, CT. While we are offering this opportunity as a portfolio, we welcome offers on a sub-portfolio or individual basis.
strong property fundamentals, with proven value-add upside and favorable in-place debt.
We are offering this property for sale without an asking price, and will be conducting tours with a call-for-offers to follow shortly thereafter.
CBRE Capital Markets has been exclusively retained to sell The NBM Apartment Portfolio (the “Portfolio”), 267-unit, four-property apartment portfolio. The four properties are Longhill Gardens in Southampton, MA, Brookview Townhomes in Westfield, MA, Palmer Gardens in Palmer, MA & 905 Lofts in East Hartford, CT. While we are offering this opportunity as a portfolio, we welcome offers on a sub-portfolio or individual basis.
Property Facts
| Sale Type | Investment | Lot Size | 7.00 AC |
| No. Units | 60 | Building Size | 59,400 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1975/2022 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 7.00 AC |
| Building Size | 59,400 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2022 |
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 715 |
| 2+1 | 57 | - | 864 |
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PROPERTY TAXES
| Parcel Number | SHAM-000019-000149 | Improvements Assessment | $3,849,400 |
| Land Assessment | $284,000 | Total Assessment | $4,133,400 |
PROPERTY TAXES
Parcel Number
SHAM-000019-000149
Land Assessment
$284,000
Improvements Assessment
$3,849,400
Total Assessment
$4,133,400
zoning
| Zoning Code | Residential (Residential zoning) |
| Residential (Residential zoning) |
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Longhill Garden Apartments | 134 College Hwy
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