The Vault Update 08/01/17

The Vault, new Downtown Lynn luxury apartments opening this Fall, over 50% leased


The Vault, a new 49-unit luxury apartment building in Downtown Lynn set in a restored 1914 historic office building, is now over 50% leased and will open this Fall. Developed by MG2, the building features studio, one- and two-bedroom residences with luxurious finishes and amenities including stainless steel appliances, energy-efficient HVAC systems and in-unit full-size washers and dryers.


Rents at The Vault range from $1,300/month for a studio to $2,300/month for a two-bedroom. Studios range from 402 to 598 square feet and $1,300 to $1,650/month, one-bedrooms range from 450 to 617 square feet and $1,500 to $1,900/month, and two-bedrooms range from 813 to 1,046 square feet and $1,875 to $2,300/month. MG2 acquired the 48,808-square-foot Vault building, located at 30 Willow Street, in June 2014 for $2 million and has invested $11.3 million in The Vault's renovation and restoration.

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