Colliers International, Boston announces the sale of Schoolhouse at Lower Mills, a 62-unit apartment community in Dorchester’s Lower Mills neighborhood. This property is comprised of two attached garden-style apartment buildings. The first building is a converted 1850’s schoolhouse, while the second consists of a recently constructed four-story building with elevator service.

The high quality apartments involve a strong mix of one and two 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, nine to twelve-inch ceilings, and in-unit washers and dryers. Tenants enjoy an on-site fitness center and underground garage spaces and surface spaces that are available for rent.

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

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

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Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is a global leader in commercial real estate services with more than 16,146 professionals operating from 554 offices in 66 countries. With an enterprising culture and significant insider ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include brokerage, global corporate solutions, investment sales and capital markets, project management and workplace solutions, property and asset management, consulting, valuation and appraisal services, and customized research and thought leadership. Colliers International has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 10 consecutive years, more than any other real estate services firm.