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Cabot Crossing

Cabot Crossing is a value-add rental property with 252 multifamily apartment units. This property was purchased in June 2013 with a $1.5M capital improvement budget for full unit upgrades and renovation of the clubhouse and common areas. This property sold in December 2018.

Fully stabilized, eight-building, 252-unit apartment community with strong in-place cash flow and significant upside potential via continuing unit renovations

Award-Winning Apartment Community

Selected by The Rental Housing Association of Greater Boston as a winner of the Community Excellence Award, considered the most desirable community in The City of Lowel

Prime Commuter Location

Well located just minutes from Route 3, Interstate 495, and the commuter rail, offering excellent regional accessibility and situated equidistant from key economic centers in Boston, Marlborough, Framingham, and Manchester, New Hampshire

Proven, Ongoing Renovation Program

Over 20% of Cabot Crossing’s units have been fully renovated, with upgraded units commanding an average premium of more than $120 per month

Well-Appointed With Abundant Amenities

Plentiful on-site amenities, including a clubhouse, pool, hot tub, sun deck, TV lounge, billiards room, tennis courts, and 24-hour laundry and fitness centers