The Willows - New Bedford

TheWillows

INVESTMENT HIGHLIGHTS

LIMITED SUPPLY This is a rare opportunity to obtain a sizeable apartment community

VALUE ADD OPPORTUNITY Currently six (6) units are vacant and under renovation. The owners have recently finished renovation of twelve (12) additional units. Market demand has pushed the rents higher for all units. The renovated units have potential for additional rent due to the added washer/dryer hookups inside the unit. Demand is high throughout the rental market and remains greater than existing supply. Other future projects to add value would be the addition of amenities such as a clubhouse, gym, swimming pool, tennis courts, media room, and installing a gate at the entrance so that the property would be a gated community.

in a desirable rental location. There is a

shortage of similar assets on the market and astute investors recognize the opportunity to add scale and market share with one acquisition.

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