Apartment

The Tremont

Burlington, MA

Acquired July 2018

At a Glance

The Tremont and The Huntington combined are a 297 unit, apartment community located Burlington, MA, an affluent suburb of Boston.

Investment Rationale

  • The properties are located just off the Route 128 corridor, known as “America’s Technology Highway”, which hosts the largest concentration of tech jobs outside of Silicon Valley.

  • The apartments are situated at the hub of Northwest Park within walking distance of a Wegmans grocery store, over 20 restaurants, and a variety of other retailers, and are directly adjacent to the Burlington Mall, the second largest retail center in Massachusetts featuring more than 185 specialty shops.

  • The area boasts median household incomes within a 1-mile radius of over $110,000 and median home values within the zip code of over $530,000, while the local high school is equally impressive, receiving an “A” grade from Niche.com earning LaSalle Research’s Silver classification.

  • The properties are highly amenitized, luxury apartments featuring hardwood flooring with carpet in bedrooms, quartz countertops with undermount sinks, stainless steel appliances, soft close drawers, in-unit washer & dryer and nine foot ceilings. Community amenities include a tech lounge, community kitchen, pool tables, swimming pool, fitness center, yoga room, grilling patio, designated pet areas and covered parking.

Property Gallery

Location

Maps Tremont