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Highlands at Hudson

St. Hudson, MA

Investment Highlights

Highlands at Hudson represents TruAmerica’s fourth investment in the Boston MSA. Located in the Town of Hudson, the property is located less than ten minutes from the Assabet River Trail, where outdoor enthusiasts can walk, bike, and run. Highlands at Hudson offers residents convenient access to I-495, Route 20, and Route 90/Mass Pike. MetroWest, which includes Marlborough and Hudson, is home to 700k+ jobs with major employers like Raytheon, Boston Scientific, Bose, Amazon Robotics, Dell/EMC, and UMass Memorial Medical Center. MetroWest contains the largest life science cluster in America and has benefitted from sustained growth in the biotechnology and life sciences industries.

Property Highlights

The 158-unit property was built in 2005 and features one-, two-, and three-bedroom floorplans. All floor plans at the property have washer/dryer appliances.

Renovated units include stainless steel appliances, updated white cabinetry, new cabinet hardware, upgraded bathroom fixtures, vinyl plank flooring throughout the kitchen and living areas, new wood blinds, and improved lighting. TruAmerica plans to renovate the remaining classic homes to a high-end finish with stainless steel appliances, vinyl flooring throughout, upgraded door hardware, white cabinetry with brushed nickel pulls, upgraded light and plumbing fixtures, and a USB-C outlet in the kitchen area. 25% (40 apartment homes) of the homes are kept affordable for households earning 80% or less of the Area Median Income under Massachusetts’ 40B program.

TruAmerica will also make select upgrades to the exteriors and amenities, including refreshed common area FF&E, upgraded landscaping, and rebranded signage.

Community Amenities

  • Outdoor Pool
  • 24/7 Fitness Center
  • Playground Area
  • Picnic Area with Outdoor Grill
  • 24/7 Package Lockers
  • Bike Repair Station
UNITS
158
AVERAGE SF
900
ACQUIRED
12/22/2023
10100 Santa Monica Blvd, Suite 400
Los Angeles, CA 90067
(424) 325-2750
TruAmerica Multifamily is a Los Angeles-based investment firm focused on acquiring, renovating, and managing multifamily housing throughout the United States.
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