Viewpoint at Bixby Crossing
ASSET CLASS / LOCATION
Market-Rate Apartment Tower in Haverhill, MA
ACQUISITION DATE
July 2011
DISPOSITION DATE
November 2017
TOTAL LAND AREA
1.34 acres (5,423 sq. m.)
TOTAL RENTABLE AREA
107,654 sq. ft. (10,005 sq. m.) + 172 parking spaces (structured)
Viewpoint at Bixby Crossing is a 120-unit, 100% market-rate apartment tower situated in the center of Haverhill, an interesting small town with character, flare, and a history which includes an economic flowering, a subsequent decline, and a recent recovery and expansion. The property is thirty-four miles north of downtown Boston, proximate to three major highways (I-495, I-95 & I-93), and a one-block walk to the MBTA commuter rail station. The 12-story concrete and steel tower includes studio, one-, and two-bedroom apartments. Units feature full appliances, central air, 10-foot ceilings, and private balconies offering breathtaking views of the Merrimack River. Community amenities include a fitness center, two-story parking garage with direct building access, and a common roof deck.