47 Unit Portfolio
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47 Unit Portfolio
6 Multifamily Properties Offered at $3,900,000 in Hartford, CT
Investment Highlights
- Desirable unit mix
- Many updates
- Value Add- Rent increases
Executive Summary
Oxford Realty is proud to present the opportunity for purchase, comprising of six buildings, 47 units located in Hartford CT. The portfolio consists of 12 units on 443 Washington St, 8 units on 1004 Broad St, 6 units on 1040 Capitol Ave, 9 units on 1041 Capitol Ave, 6 unit on 16 Harper St and 6 units on 22 Harper St. The properties have been renovated to include updated kitchens and bathroom. 1006 Broad St was completely renovated in 2019. Five of the locations are separately metered for gas, hot water and electric (tenant paid), 443 Washington includes heat and HW. The properties give a new owner the opportunity to walk into an income-producing asset with the ability to raise rents with unit turnovers.
Property Facts
| Price | $3,900,000 | Number of Properties | 6 |
| Price / SF | $73.52 / SF | Individually For Sale | 0 |
| Cap Rate | 7.44% | Total Building Size | 53,049 SF |
| Sale Type | Investment | Total Land Area | 0.90 AC |
| Status | Active |
| Price | $3,900,000 |
| Price / SF | $73.52 / SF |
| Cap Rate | 7.44% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 6 |
| Individually For Sale | 0 |
| Total Building Size | 53,049 SF |
| Total Land Area | 0.90 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1041-1043 Capitol Ave, Hartford, CT 06106 | Multifamily | 12,626 SF | 1921 | - |
| 1040-1042 Capitol Ave, Hartford, CT 06106 | Multifamily | 9,072 SF | 1924 | - |
| 16-18 Harper St, Hartford, CT 06112 | Multifamily | 5,832 SF | 1926 | - |
| 443-445 Washington St, Hartford, CT 06106 | Multifamily | 9,816 SF | 1922 | - |
| 20-22 Harper St, Hartford, CT 06112 | Multifamily | 5,832 SF | 1926 | - |
| 1008 Broad st, Hartford, CT 06106 | Multifamily | 9,871 SF | 1900 | - |
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47 Unit Portfolio
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