EXECUTIVE SUMMARY
The Residence at 850 presents investors with a rare opportunity to acquire a newly constructed, fully stabilized Class A multifamily asset in the heart of Cape Cod. Completed in 2023, featuring (44) two-bedroom units and (9) one-bedroom units, this luxury rental community has now been operating through nearly two full years of stabilization, offering a true trailing-12-month snapshot of income and expenses. The property has matured into a high performing, cash-flowing investment in one of Massachusetts’ most supply-constrained and high-demand rental markets. Additionally, there is future upside in further bringing rents to market level and in continuing to increase management efficiencies
Strategically located along Massachusetts Route 28 in Hyannis - Barnstable County’s largest and most dynamic village - the Residence at 850 benefits from excellent regional connectivity and proximity to the Cape Cod Gateway Airport, vibrant commercial corridors, and newly emerging development. As Hyannis continues to revitalize, driven by public-private investments and a growing local economy, this asset is ideally positioned to capitalize on long-term rental demand and rising housing costs.
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