Listing Tools

a 36-building, transit-oriented apartment portfolio containing 114 units located in the East Boston neighborhood of Boston, Massachusetts. From 2014-2015, the Sponsor individually acquired the assets and underwent a specific value-enhancement program. Currently 98% leased, The Portfolio offers investors significant value-add upside through in-unit finishes and the potential for additional density. The entirety of the Portfolio spans across a 2.5-mile distance in East Boston, offering investors immediate scale in a popular Boston neighborhood.

More Info

Basic Information

  • Contingency Inspection
  • Mls StatusSold

Parking

  • Parking Spaces

Basic Information

  • List Price$50,000,000
  • MLS Number72901002
  • Modification Date10/25/2022
  • Purchase Contract Date12/10/2021
  • Sale Date09/30/2022
  • Sale Price$47,000,000

Location

  • AddressBlue Line Portfolio
  • Building NumberBlue Line
  • CountySuffolk
  • StateMA
  • StreetPortfolio
  • TownBoston
  • Zip02128

Building

  • Building Area Units Square Feet

Property Information

  • Lot Size Units Acres

Legal

  • Zoning Description Other (See Remarks)

Other

  • Buyer Agency Compensation0.5
  • Date Listed09/28/2021
  • Farm Land Area Units Square Feet
  • View Count215

Map Location

Driving Directions

Listed by Kellie Coveney of Jones Lang LaSalle New England,LLC

Listing Sold by Jones Lang LaSalle New England, LLC

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