The Beck

ASSET CLASS / LOCATION

Multifamily Apartment Building Haverhill, MA

ACQUISITION DATE

April, 2023

TOTAL LAND AREA

6.7 acres (2.7 hectares)

TOTAL RENTABLE AREA

Residential: 213,348 square feet (19821 square meters)
Retail: 6,659 square feet (619 square meters)

The Beck is a 290-unit, 97% market-rate, luxury rental apartment development project located on the Merrimack River in Haverhill, MA with studios, one-bedroom, and two-bedroom apartments. The 5-story project will include a public waterfront park and 319 parking spaces, 234 of which will be garage spaces for residents. The ground floor will offer 6,659 square feet of commercial retail space designed for a restaurant tenant.
The project includes an extensive list of community amenities including an outdoor lounge with a pool, grab-n-go market, private work-from-home spaces, fitness center and golf simulator, and a private dining room. The project site has excellent train and car transit options, it is adjacent to the Bradford railroad station, which connects to North Station in Boston, Massachusetts, and multiple driving access points to major highway route I-495, and the Boston suburbs. Residents are a 5 minute walk from downtown Haverhill which has gone through a revitalization in recent years and has become a popular shopping and restaurant destination. It offers more than two dozen dining options and bars within a half-mile. Units are designed with luxury finishes, windows with river views, and some units offer private balconies.