The Burlington Portfolio

Greater Burlington, VT

포트폴리오 설명

JLL has been exclusively retained to arrange the sale of The Burlington Portfolio (the “Portfolio” or “Properties”), a rare opportunity to acquire seven high-quality multi-housing assets comprising 439 units and approximately 2,500 commercial SF in Greater Burlington, Vermont. The Portfolio offers immediate scale in a high-barrier-to-entry market characterized by dynamic multi-housing fundamentals and strong demographic and employment trends. The Portfolio boasts consistently strong performance, with current occupancy levels of 99.1% and $7.25M+ T12 NOI as of April 2025.

The Portfolio is spread across four separate towns – Burlington, South Burlington, Winooski, and Colchester – all of which are located within Chittenden County, which is ranked as the #1 county to live in Vermont. The Properties are strategically dispersed, with just a 15-minute drive separating the southernmost property from the northernmost, resulting in efficient management and operations across the Portfolio yet diversity in the renter base as a result of each Property’s unique location.

Greater Burlington, serving as Vermont's economic epicenter, is anchored by strong academic, medical, and technology sectors. The area's robust employment opportunities have attracted a highly educated and affluent population, resulting in dynamic market fundamentals characterized by exceptionally strong occupancy and rent growth.

The Burlington Portfolio represents an opportunity for ownership of scale in a thriving market with strong long-term growth prospects.

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개요

단위 수

439

점유율

99%

The Burlington Portfolio (7 부동산)

미디어

투자 하이라이트

Proven Portfolio Performance: Consistent with the premier asset quality, convenient location, and meticulous upkeep, performance across the Portfolio is exceptionally strong as evidenced by the current portfolio-wide occupancy of 99.1% and $7.25M+ April T12 NOI.

Ownership of Scale in a Dynamic Rental Market: The Portfolio offers a rare opportunity for immediate ownership of scale in a high-barrier-to-entry market characterized by dynamic multi-housing fundamentals. Average rents in the Burlington market have increased 20.2% over the past five years while maintaining 98.1% occupancy. With a muted forward-looking supply pipeline and challenging home ownership dynamics, the Burlington rental market is poised for continued outperformance.

Vermont's Economic Epicenter: Chittenden County, Vermont's economic hub, boasts a diverse economy anchored by strong higher education, medical, and technology sectors. The robust employment and educational opportunities in Chittenden County attract a labor force exceeding 102,000 people, boasting an impressively low county-wide unemployment rate of 1.9%, well below the national rate of 4.2%. The population is affluent and highly educated, with an average household income of over $119,000.

Surrounded by Diverse Local Amenities: The Portfolio offers residents a perfect blend of urban culture and natural beauty. Nestled on the shores of Lake Champlain, Burlington boasts a vibrant downtown, a thriving arts scene, and renowned culinary offerings, while providing easy access to year-round outdoor activities including lakeside recreation, scenic trails, and world-class ski resorts such as Stowe Mountain and Sugarbush.