Constructed in 1988, Cabot Crossing is a value-add multifamily rental property with 252 units, a clubhouse and leasing office, and a full amenity package including pool, outdoor kitchen, and tennis courts. The property was purchased in June 2013 for $20M with a prefunded $1.5M capital improvement budget for full unit upgrades and gut renovation of the clubhouse and common areas. The property was sold in December 2018 for $42.4M.