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THE BROADWAY COMPANY PURCHASES 54 APARTMENTS IN ATTLEBORO; Countryside Terrace, Nine Buildings With Easy Access to I-95 and Shopping

Thursday, Oct. 14, 2021 -- Boston, MA -- The Broadway Company, a Boston-based real estate investment platform, and investment partners have completed the purchase of Countryside Terrace, a 54-unit apartment campus in Attleboro, MA. Countryside Terrace is located at 60 Phillips St. in Attleboro, minutes from I-95. 

“We like the fundamentals in the Boston South submarket, coupled with the garden-style multifamily product type,” said Tana E. Weissman, Principal and Chief Operating Officer of The Broadway Company. “We see opportunity for future growth in this segment and are excited about the acquisition.”

The property’s nine buildings have a compelling unit mix, and each unit has a parking space. The homes have convenient access to shopping areas including Bristol Place in Attleboro, Baker’s Plaza in Seekonk, and robust Patriot Place.

Attleboro is served by two MBTA Commuter Rail stations, both on the Boston-Stoughton-Providence line, with Providence about 15 minutes away. Recreational opportunities for tenants include New England Sports Village, Stone-E Lea Golf Club, the Phil and Ginny Leach Wildlife Sanctuary, and Capron Park Zoo. Gillette Stadium, Providence College, and Brown University are nearby.

Countryside Terrace was constructed from 1972 to 1976. The purchase was a private transaction.


ABOUT THE BROADWAY COMPANY
The Broadway Company is an innovative, technology enabled real estate investment platform founded in 2011. The company’s investments span asset classes and locations, including investments in multifamily, manufactured housing and single-family residences. The Broadway Company has acquired more than 70 buildings in approximately 50 syndications and is active in Boston, Montreal, Quebec, and Bozeman, MT. The Broadway Company is an owner, manager, and operator. For more information, please go to www.tbcre.com .

Key Takeaways
  • The Broadway Company and investment partners have completed the purchase of Countryside Terrace, a 54-unit apartment campus in Attleboro, MA.
  • The property's nine buildings have a compelling unit mix, and each unit has a parking space.
  • The property is served by convenient shopping, commuter rail stations, and recreation facilities.
Quotes
We like the fundamentals in the Boston South submarket, coupled with the garden-style multifamily product type. We see opportunity for future growt...
Tana E. WeissmanPrincipal and Chief Operating Officer of The Broadway Company
Contacts
Tom Palmer
tom@tompalmercommunication.com
617.755.7250
Tom Palmer Communication