West End Portfolio
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West End Portfolio
5 Multifamily Properties Offered at $4,165,000 in Hartford, CT
Investment Highlights
- Highly concentrated portfolio
- Desirable West End neighborhood
- Value-add opportunity
- 5 Minutes to West Hartford Center
Executive Summary
Northeast Private Client Group is pleased to present the West End Apartment Portfolio in Hartford, Connecticut. The portfolio includes 43 multifamily units.
The units are in 5 buildings located within a 1-mile radius. The portfolio is comprised of twenty-five (25) one-bedroom, fifteen (15) two-bedroom, and three (3) three-bedroom units. Heat and hot water is gas and paid for by the landlord on 31 units at 150, 154 S.Whitney St. & 28-30 Kibbee St., and tenant-paid gas on 12 units at 149-151 SissonAve. and 63-65 Evergreen Ave. All tenants pay their own electric expenses.
The properties exude pride of ownership with all locations being professionally managed and maintained with limited deferred maintenance. Most of the buildings have off-street parking for tenants, as well as laundry rooms.
The West End of Hartford is a vibrant and diverse neighborhood within Connecticut's capital city. Characterized by tree-lined streets, historic homes, and a thriving cultural scene, it offers a unique blend of residential charm and urban energy. With its eclectic mix of local shops, cozy cafes, and art galleries, the West End fosters a strong sense of community pride and connection. Residents and visitors a like are drawn to its lively atmosphere, bustling parks, and renowned eateries. From strolling through Elizabeth Park'sblooming gardens to exploring the eclectic boutiques along Farmington Avenue, the West End captivates with its rich tapestry of history, culture, and contemporary flair.
The units are in 5 buildings located within a 1-mile radius. The portfolio is comprised of twenty-five (25) one-bedroom, fifteen (15) two-bedroom, and three (3) three-bedroom units. Heat and hot water is gas and paid for by the landlord on 31 units at 150, 154 S.Whitney St. & 28-30 Kibbee St., and tenant-paid gas on 12 units at 149-151 SissonAve. and 63-65 Evergreen Ave. All tenants pay their own electric expenses.
The properties exude pride of ownership with all locations being professionally managed and maintained with limited deferred maintenance. Most of the buildings have off-street parking for tenants, as well as laundry rooms.
The West End of Hartford is a vibrant and diverse neighborhood within Connecticut's capital city. Characterized by tree-lined streets, historic homes, and a thriving cultural scene, it offers a unique blend of residential charm and urban energy. With its eclectic mix of local shops, cozy cafes, and art galleries, the West End fosters a strong sense of community pride and connection. Residents and visitors a like are drawn to its lively atmosphere, bustling parks, and renowned eateries. From strolling through Elizabeth Park'sblooming gardens to exploring the eclectic boutiques along Farmington Avenue, the West End captivates with its rich tapestry of history, culture, and contemporary flair.
Property Facts
Price | $4,165,000 | Number of Properties | 5 |
Price / SF | $73.39 / SF | Individually For Sale | 0 |
Cap Rate | 7.01% | Total Building Size | 56,752 SF |
Sale Type | Investment | Total Land Area | 0.81 AC |
Status | Active |
Price | $4,165,000 |
Price / SF | $73.39 / SF |
Cap Rate | 7.01% |
Sale Type | Investment |
Status | Active |
Number of Properties | 5 |
Individually For Sale | 0 |
Total Building Size | 56,752 SF |
Total Land Area | 0.81 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
63 Evergreen Ave, Hartford, CT 06105 | Multifamily | 9,891 SF | 1910 | - |
150 Sisson Ave, Hartford, CT 06105 | Multifamily | 7,150 SF | 1963 | - |
154 S Whitney St, Hartford, CT 06105 | Multifamily | 19,932 SF | 1967 | - |
149 Sisson Ave, Hartford, CT 06105 | Multifamily | 11,079 SF | 1929 | - |
28-30 Kibbe St, Hartford, CT 06106 | Multifamily | 8,700 SF | 1927 | - |
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