Courthouse Square Apartments

Downtown Westfield Courthouse Square Apartments is located in the heart of downtown Westfield, offering residents walkable access to a variety of shops, restaurants, and daily services. The location combines the convenience of urban living with the charm of a New England town center. Drivers & Connectivity • Education: Minutes from Westfield State University, providing a consistent anchor for the local economy. • Connectivity: Convenient to major commuter routes and regional rail connections, making it easy to access surrounding employment hubs like Springfield and Northampton. • Lifestyle: Proximity to local parks and recreational areas enhances the tenant living experience.NPCG is pleased to present the exclusive listing for Courthouse Square Apartments, a 22-unit, turnkey multifamily investment located at 27 Washington Street in Westfield, Massachusetts. Originally redeveloped in 2012 and meticulously maintained since, the property has benefited from a comprehensive capital improvement plan executed by current ownership since 2020. This is a stabilized asset with minimal near-term capital requirements, offering investors immediate cash flow and operational efficiency. The investment offers a strong going-in yield with durable in-place cash flow. With tenant-paid utilities (via new heat pumps), modern unit finishes, and a highly walkable downtown location, the asset is well-positioned for long-term ownership with favorable risk-adjusted returns.