133-155 River Street, West Springfield, MA 01089

ACCESS & CONNECTIVITY

The Imperial Apartments at 133-155 River St in West Springfield, MA, enjoy excellent access and connectivity, making them highly convenient for commuters and public transit users.

Pioneer Valley Transit Authority (PVTA) bus routes serve the immediate area, providing frequent local service along River Street and connections to Springfield Union Station just 4 minutes (2.8 miles) away by car or short bus ride, where additional bus lines and intercity options like Greyhound operate. Train access is readily available via Amtrak and Hartford Line commuter rail at Springfield Union Station, with Holyoke Amtrak station 14 minutes (9 miles) north, offering regional routes to Boston and New Haven.

Highway connectivity is a standout feature, with I-91 directly adjacent for north-south travel to Springfield, Hartford, and beyond, plus quick ramps to I-90 (Massachusetts Turnpike) for east-west trips to Boston or Albany, all within a short drive.

AREA AMENITIES & DEMAND DRIVERS

The property is positioned near several key employment hubs, including downtown Springfield, which is home to major institutions across healthcare, education, government, and financial services. Notably, MGM Springfield serves as a significant regional employer within the hospitality, gaming, and entertainment sectors, offering a wide range of jobs and drawing consistent economic activity to the area.

Additionally, the presence of large-scale regional employers across healthcare systems, universities, and professional services firms throughout the Springfield metro supports a stable and diversified employment base that drives sustained rental demand.

West Springfield itself is anchored by the Eastern States Exposition (The Big E), a nationally recognized fairground and event venue that hosts year round programming and the annual Big E fair, one of the largest events in the Northeast.

PROPERTY IMPROVEMENTS

All units feature new double-hung vinyl windows and wall-mounted mini-split HVAC systems.

Ownership has completed 53 full interior renovations with the same high quality finishes, including granite countertops, stainless steel appliances, new flooring, and modernized bathrooms. Select units also feature in-unit washer/ dryers.

Significant recent capital expenditures include new roofs, new doors, common area upgrades, intercom system replacement, and parking lot improvements. The opportunity exists to reduce operating costs through a solar program installation.

UTILITIES

The Landlord is responsible for all utilities. This includes wall mounted mini-split heating, hot water, centrally metered Eversource electricity, and municipal water & sewer.

OFF-STREET PARKING

The Property features ample off-street parking via a large lot to the front of the Property.

DURABLE BRICK CONSTRUCTION

The Property features durable brick construction, a highly desirable attribute for multifamily housing that provides long-term structural integrity, fire resistance, and reduced maintenance requirements. Brick construction also delivers superior sound attenuation and thermal efficiency, contributing to lower utility costs and enhanced resident comfort while preserving long-term aesthetic appeal.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 9,300 people live within 1 mile of the Property with an average household income of $82,626. Over 81,200 people reside within 3 miles of the Property with an average household income of $81,630.

QUALITY OF LIFE AMENITIES

The immediate area features a diverse dining scene, including well-known local establishments such as Storrowtown Tavern and Celery Stalk, along with regional favorites like Crepes Tea House.

Residents also benefit from convenient access to national chain and quick-service options along the Memorial Avenue and Riverdale Street corridors, including McDonald's, Wendy's, and Dunkin', providing a full spectrum of sit-down, casual, and grab-and-go dining options.

Residents are within close proximity to Big Y and Price Rite, as well as additional national retailers and convenience-oriented shopping along Riverdale Street, one of the region’s primary commercial corridors. These retail clusters provide access to pharmacies, big-box stores, and neighborhood services.

Nearby green spaces such as Mittineague Park and Robinson State Park provide walking trails, open space, and passive recreation opportunities, while the Metacomet Monadnock Trail offers more extensive hiking options along the nearby ridgelines.