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LOWELL, MASS. — Osso Capital has acquired Residences at Crosspoint, a 240-unit property in Lowell, roughly 30 miles northwest of Boston. SMC Residences at Crosspoint Limited Partnership, a partnership created and operated by SMC Management Corp., sold the asset to Osso Capital for an undisclosed price.
Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE represented the seller in the deal.
Built in 2020, Residences at Crosspoint offers a mix of studio, one- and two-bedroom floor plans. The average unit size is 863 square feet. The six-story community features amenities such as a clubroom, fitness center and business center. According to the property website, monthly rates begin at $2,105 for a studio apartment.