Residences at Riverwalk - Amesbury

MARKET OVERVIEW

REGENCY PLACE WILMINGTON, MA

HAWTHORN COMMONS SALEM, MA

RIVER POINTE LAWRENCE, MA

$24,400,000

$41,800,000

$26,350,000

3/20/2012

11/17/11

4/15/2011

120

228

174

$203,333

$183,333

$151,437

5.6%

5%

5.75%

Class A brick apartment

Class A property built in 2002, 96% leased at the time of sale

Class A complex built in 1999. The 174 units are comprised of 94 (54%) 1-beds, 68 (39%) 2-beds, and 12 (7%) 3-bedroom apartments with an average unit size of 925 SF.

complex with 30 affordable units and 90 market rate units

15

15