The Taunton Portfolio is a 40 unit mixed-use portfolio located in Taunton, MA. The portfolio is comprised of (30) 1 bedroom, 1 bathroom units, (5) 2 bedroom, 1 bathroom units and (5) commercial units. The properties are all located within 1 mile of each other. The portfolio provides a value-add opportunity for investors by raising current rents to market rates. Taunton is the central highway hub of southeastern Massachusetts. Much of the eastern parts of the state’s major highways intersect and/or run through the city, especially at its center. US 44, MA 138, and MA 140 intersect at Taunton Green, the square at Taunton’s center. Interstate 495 runs through the northern portion of Taunton.
Today, the city’s economy has an emphasis on semiconductor, silicon, and electronics manufacturing. It is home to the corporate headquarters of many leading corporations in various industries. Currently, the city is trying to attract biotechnology research companies to its industrial parks. Taunton is home to the Silver City Galleria, a 1,000,000 SF shopping mall catering to the local city and to the neighboring towns and cities of Raynham, Berkley, Rehoboth, Dighton, New Bedford and Norton.
Taunton, MA Portfolio
7.31% Current Cap Rate
8.78% Year 1 Cap RateOFFERING MEMORANDUM