On the Market: 5 Interesting CRE Listings for the Week of 7/11

2 min read

This week's listings include a charming farmhouse-style property in North Attleboro, Mass., and new student housing on the campus of Temple University.

On the Market is a new department curating the week’s most interesting for-sale CRE assets. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Mallory Bulman, Associate Editor.

diamondDiamond Green

Location: Philadelphia, Penn.

Offering Price: $27.5 million

Price/Unit: $280,612.24

Units: 92

Beds: 350

Year Built: 2012

Features: All units have individual bedrooms; ground-up student housing construction on Temple University Main Campus; adjacent to football facility Chodoff Field; 90 percent four-bedroom/two-bath units; 82 percent of units have balconies; all units fully furnished; community amenities include a fitness center, garage parking, 24-hour security, game room and laundry and TV lounges on each floor.

Contact: Rittenhouse Realty Advisors, 215-454-2852

echoEcho Apartment Homes

Location: Anaheim, Calif.

Building Size: 75,116 SF

Units: 116

Year Built: 1969

Features: Walking distance from grocers, retailers, dining on North Euclid Street; current ownership invested $1 million in upgrades during past 18 months; rent growth opportunity; located south of Disneyland Park, the region’s largest employer; area population has increased 8 percent since 2000.

Contact: Stewart I. Weston, Marcus & Millichap, 949-419-3287

17111711 Apartments

Location: Seattle, Wash.

Offering Price: $13.2 million

Price/Unit: $356,756.76

Units: 37

Year Built: 2014

Features: Located in 12th Avenue neighborhood adjacent to downtown Seattle; energy-efficient design; units individually metered for water and electricity; walking distance from employers, shopping and dining as well as local groceries and pharmacies; Walk Score of 96; two blocks from new Light Rail station.

Contact: Joe Levin, Colliers International, 206-223-5583

almansorThe Almansor Apartments

Location: Alhambra, Calif.

Offering Price: $5.9 million

Price/Unit: $173,529.41

Units: 34

Year Built: 1959

Features: Community consists of two two-story buildings, which are separately metered for gas and electric and serviced by central water heaters; gated, controlled-access property; community amenities include on-site laundry facility, pool, BBQ area and 34 covered parking spaces; unit mix consists of 33 one-bedroom/one-bathroom units and one two-bedroom/one-bathroom unit.

Contact: Priscilla Nee, CBRE, 310-550-2508

mass111-115 East Street

Location: North Attleboro, Mass.

Offering Price: $1.1 million

Price/Unit: $143,750

Units: 8

Year Renovated: 1989

Features: Easy access to Route 495 and commuter train; property consists of two separate buildings and one laundry facility; each unit (except one studio) includes a garage space and outdoor parking spot; unit mix is one studio, five one-bedroom units, two two-bedroom units; current rents range from $735 to $1250; renovations include new roofs in 2005, new garage roofs and doors in 2014, new gas system in 2014, new hot water heater in 2013 and laundry room remodel in 2015.

Contact: Barbara Martin, Rich Real Estate, 508-561-8425



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