The Willows - New Bedford

EXECUTIVE SUMMARY TheWillows INVESTMENT OPPORTUNITY The NAI Hunneman Capital Markets Team has been exclusively retained to sell the Willows Apartments & Condominiums in New Bedford, MA. The Willows is a 90-unit residential complex built in 1988 on 4 + acres of land. The complex is made up of forty-eight (48) apartment units and forty-two (42) condominiums. The property is located in a quiet country section of New Bedford off of Route 140 and is surrounded by 20 + acres of green space and trees. Currently, 87 of the 90 units are available for sale. There are three (3) condominiums that may be included in the package at a later date. The breakdown of the 87 units includes seventy-five (75) 2-bedrooms & twelve (12) three-bedrooms. The owners have been renovating some units in an effort to increase the rental income. The next owner can continue this course and add further value to the property. The Willows represents an excellent opportunity for an investor to acquire a large well-located apartment complex with upside potential.

The property is available for immediate acquisition. Qualified interested parties are encouraged to call NAI Hunneman for a suggested asking price. In addition to the Willows, the sellers own approximately 13 acres (2 parcels) of privately owned land that directly abuts the Willows. This land is also available for purchase in separate transactions.

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