Enter the "Deal room" for exclusive documents related to this property.
|Number of units||115|
Jones Lang LaSalle (JLL) has been exclusively retained to market The Point at Andover (the "Community"), a 2012-vintage, 115-unit suburban apartment community located in Andover, Massachusetts, one of Greater Boston’s most desirable towns. The highly amenitized community offers access to the region’s primary employment centers and is just a short drive from shopping and dining conveniences.
Given The Point at Andover’s below market rents, vintage, and strong demographics, there is meaningful upside potential through a renovation program to provide higher-end finishes such as flooring upgrades, bathroom improvements, and new lighting packages. The institutionally developed and professionally managed community is uniquely positioned to offer both strong in-place cash flow and the opportunity to increase rents via thoughtful enhancements.
The Point at Andover provides investors the opportunity to invest in a high-quality community with substantial upside potential in one of the most exclusive zip codes in the country.
- Rare Value Add Opportunity
- Andover: One of the Premier Suburban Communities in the Nation
- Impressive Operating History due to Strong Market Position
- Commercial Growth Driving Housing Demand