Executive Summary

Property Overview

Swissbuild is pleased to present the opportunity to acquire Oakwood Lofts, featuring 20 apartments and 4,250 sf of prime retail space that is 100% occupied by Life is Good and Popover Cafe. The acquisition of Oakwood Lofts presents a unique opportunity to acquire a premier asset, with upside, in a historic and highly sought-after location.

All floor plans at Oakwood Lofts are large, just renovated and feature unique quality only found at this property. Easy access to highways makes living here incredibly convenient for daily commute.

Oakwood Lofts has a wide array of common amenities including on-site laundry facilities, a large swimming pool, soccer court, security gates, a recently renovated clubhouse with complimentary Wi-Fi and a top of the line workout facility.

The area is surrounded by parks and the best schools and colleges are only minutes away from home.

- Summary

Price:

3,500,000

Total Units:

Cap Rate:

5.33%

Address:

91 Oakwood Dr

Total Building Size:

42,000 SF

NOI:

$229,320

10-Year Leverage IRR:

17.25%

Neighborhood:

Jamaica Plain

- Offering Highlights

Excellent location, highest demanded area for tenants New roofs on all buildings (June 2018 ) and substantial property improvements Excellent unit mix, as 67% of the units are large 2 bedroom / 2 bathroom units Structured Parking - secured and underground High-profile iconic asset

- Certifications