12 Unit Condo Portfolio - Waterbury, CT | 895 Hamilton Ave
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12 Unit Condo Portfolio - Waterbury, CT 895 Hamilton Ave
12 Unit Apartment Building $2,075,000 ($172,917/Unit) 6.24% Cap Rate Waterbury, CT 06706
Investment Highlights
- Become the Owner of Twelve Income Producing Condos in Well-Maintained Condo Complexes
- MASSIVE Value Add Opportunity with the Below Market Rents Currently in Place
- Stable Rents From Day One
- Condo Associations Provide Hands off Property Management
Executive Summary
2% to Buyer's Agent. Condo Portfolio: Twelve (12) Rental Units for Sale. Become the Owner of Twelve Income Producing Condos in Well-Maintained Condo Complexes Providing Stable Rents From Day One. MASSIVE Value Add Opportunity with the Below Market Rents Currently in Place. Condo Associations Provide Hands off Property Management and In Place Management Team Handles Tenant Issues - No Headaches for Owner!
Property Facts
| Price | $2,075,000 | Apartment Style | Garden |
| Price Per Unit | $172,917 | Building Class | C |
| Sale Type | Investment | Building Size | 10,963 SF |
| Cap Rate | 6.24% | Average Occupancy | 88% |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1987 |
| Property Subtype | Apartment |
| Price | $2,075,000 |
| Price Per Unit | $172,917 |
| Sale Type | Investment |
| Cap Rate | 6.24% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Building Size | 10,963 SF |
| Average Occupancy | 88% |
| No. Stories | 3 |
| Year Built | 1987 |
Unit Amenities
- Balcony
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Stainless Steel Appliances
Site Amenities
- On-Site Retail
- Public Transportation
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zoning
| Zoning Code | CA (Condominium) |
| CA (Condominium) |
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12 Unit Condo Portfolio - Waterbury, CT | 895 Hamilton Ave
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