Home Properties purchased The Gardencrest Apartments at 23 Summer St. in Waltham, MA for a purchase price of $85 million or $122,000 per unit. The complex consists of garden style apartments with 64 apartment buildings on 33.6 acres for a total of 696 units. Currently, the property is 95% leased. Home Properties is a REIT that owns and manages apartment complexes that cater to the middle income and senior residents of suburbia.
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IN THIS ARTICLE
- Properties
- ReNew Waltham
20 Middlesex Cir, Waltham, MA