News: Front Section
Posted: February 6, 2014
Boston Realty Advisors retained to sell a 24-unit student housing portfolio
Boston Realty Advisors (BRA) has been retained for the sale of Portfolio at College Hill located close to the 174 acre hillside campus of the College of the Holy Cross. This eight building, 24-unit portfolio offers 87 bedrooms with the potential for 96 rentable bedrooms. The portfolio offers investors a critical mass portfolio with attractive operating efficiencies and a very strong tenant base.
The Portfolio at College Hill is less than ¼ mile away the College of the Holy Cross, one of New England's oldest Catholic Colleges and one of the nations leading liberal arts institutions.
BRA's capital markets team of Christopher Sower, Jason Weissman and Andrew Herald will be handling the sale process.
The college offers 28 majors mainly focused on a liberal arts curriculum to a student population of approximately 2,900. The 174 acres campus which is a registered arboretum is situated on steep hill named Mount Saint James and has won national awards for its landscaping.
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