CBRE recently represented Hans Hagen in the sale of Seasons Villas, a 238,840-square-foot townhome property in Woodbury to Boston Capital.
“With an average occupancy rate of 98.5% over the past five years, this property has been and continues to be a standout property within Woodbury,” said CBRE’s Collins. “Significant value-add opportunity through renovations also exists, as a majority of the townhomes still have their original finishes.”
Constructed in 1989, the 214-unit Seasons Villas features European designed cabinets, private entrances, double party walls for minimal sound transmission between tenants, attached garages and several other best-in-class amenities. Conveniently located west of Radio Drive and Tamarack Road, Season Villas is surrounded by more than 2.2 million-square-feet of retail and is in close proximity to several major employers, including 3M, Hartford Insurance, Anytime Fitness headquarters and Marathon Oil.