Broadway St

Chelsea, MA

Acquired in 2015

Exited in 2022

Property Highlights

  • Renovated 18 apartments with high ceilings
  • Upgraded 4 commercial spaces, including creating a white box and installing an anchor commercial tenant
  • Completed renovation and leasing process within nine (9) months

Overview

The Broadway property, featuring 18 apartments and 4 commercial spaces, was acquired with the goal to revitalize the building. Our strategy included renovating each apartment one by one, opening up the high ceilings, replacing windows, and improving commercial spaces. The renovation process took approximately nine (9) months, including the time required to move tenants out. The successful revitalization of the Broadway property demonstrates our expertise in effectively and efficiently transforming both residential and commercial properties, enhancing their appeal and increasing value.

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