60-Unit Generational Multifamily Asset | 56 Parking Spaces
Boston Realty Advisors is pleased to present the exceptional opportunity to acquire Crimson Court, a 60-unit multifamily asset located in Cambridge, Massachusetts. Crimson Court is an irreplaceable asset by every measurable standard. Located in one of the most premier markets in the United States, Crimson Court is ideally situated just steps from Harvard Square, Harvard University and the internationally recognized life science hub Kendall Square. The offering features a mix of studio, one bedroom and two bedroom apartments across two, five story buildings, 56 surface parking spaces, and offers investors immediate value add potential through future unit renovations. Owned by the same family since it was constructed in 1965 Crimson Court presents the first opportunity to own this meticulously maintained asset in a world-renowned city; Cambridge, Massachusetts. Anchored by two of the most prominent academic institutions in the world – Harvard University and MIT – along with global companies that make up the tenant base of Harvard Square & Kendall Square – Cambridge, Massachusetts is diverse, transit-oriented and a magnet for long-term growth. With immediate access to public transit, the deep employer base that makes up the area, and the wealth of amenities, residents of Crimson Court benefit from all Cambridge has to offer.
Crimson Court offers investors a generational multifamily asset in a class A+ location with significant value add potential. Crimson Court is offered for sale on an un-priced basis. We will be conducting tours of the property with a “call-for-offers” to follow.