96 Chester Rd 5 Unit Apartment Building $314,000 ($62,800/Unit) 12.51% Cap Rate Springfield, VT 05156
EXECUTIVE SUMMARY
DON'T MISS THIS GREAT INVESTMENT OPPORTUNITY. 5 UNITS PLUS 3 GARAGE SPACES. 3- 2 BR's, 1- 3 BR's UNIT and 1- 1BR's UNIT. ACTUAL CAP RATE 11.55%, PROFORMA CAP 14.29%. SHOWING APPOINTMENTS REQUIRE 48 HOUR NOTICE TO TENANTS. PRICE IS NEGOTIABLE FOR CASH OFFERS AND QUICK CLOSING
PROPERTY FACTS
| Price | $314,000 |
| Price Per Unit | $62,800 |
| Sale Type | Investment |
| Cap Rate | 12.51% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 4,650 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1945 |
| Opportunity Zone |
Yes |
| Zoning | COMM/RES - Commercial residential |
AMENITIES
UNIT AMENITIES
- Refrigerator
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 606-190-13759 | Improvements Assessment | $131,400 |
| Land Assessment | $23,700 | Total Assessment | $155,100 |
