West End Portfolio
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West End Portfolio
3 Multifamily Properties Offered at $1,825,000 in Hartford, CT
Investment Highlights
- LOCATION | West End
- Income-producing asset w/ ability to raise rents with unit turnover
Executive Summary
Excellent opportunity to purchase 18 units on the west end of Hartford with a good unit mix and historically low vacancy. The interior units feature many updates that include, spacious units, updated kitchens, updated bathrooms and vinyl/hardwood l floors. The utilities are separately metered for gas, hot water and electric (tenant paid). The properties give a new owner the opportunity to walk into an income-producing asset with the ability to raise rents with unit turnovers. ** Can be purchase with additional properties.
Property Facts
| Price | $1,825,000 | Number of Properties | 3 |
| Price / SF | $44.90 / SF | Individually For Sale | 0 |
| Cap Rate | 7.03% | Total Building Size | 40,643 SF |
| Sale Type | Investment | Total Land Area | 0.39 AC |
| Status | Active |
| Price | $1,825,000 |
| Price / SF | $44.90 / SF |
| Cap Rate | 7.03% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 40,643 SF |
| Total Land Area | 0.39 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 821 Capitol Ave, Hartford, CT 06106 | Multifamily | 6,390 SF | 1915 | - |
| 80 Orange St, Hartford, CT 06106 | Multifamily | 8,253 SF | 1915 | - |
| 86-90 Chadwick Ave, Hartford, CT 06106 | Multifamily | 26,000 SF | 1910 | - |
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