Lower Mills 62-Unit Apartment Community for Sale

BOSTON – Colliers International announced that it has been appointed exclusive sales agent for Schoolhouse at Lower Mills, a 62-unit apartment community in Dorchester’s Lower Mills neighborhood. This property is comprised of two (2) attached garden-style apartment buildings. One building is a converted 1850 schoolhouse, while the second consists of a recently constructed four-story elevatored building.

Schoolhouse exterior 1-sizedThe high quality apartments involves a strong mix of 1- and 2-bedroom units with ease of access to the area’s major employers and academic institutions. Units feature condo-quality amenities including granite counter tops, stainless steel appliances, walk-in closets, 9’-12’ ceilings, and in-unit washers & dryers. Tenants enjoy an on-site fitness center and underground garage spaces and surface spaces that are available for rent.

Proximate to both the MBTA Red Line & Commuter Line, Schoolhouse at Lower Mills is positioned in an ideal commuter-base setting, benefiting from the trend of transit-oriented investment opportunities.

Chris Sower, senior vice president of the Multi-Family Investment Sales team, stated of the sale “Schoolhouse at Lower Mills is a stable investment opportunity in an up-and-coming neighborhood. The asset is close to Boston for the urban convenience, yet enjoys the suburban feel of Milton & Quincy. We look forward to the market’s response.”

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