Listed by Amodio & Co Real Estate
$2,475,000
22 units Hartford South End, Condo Tax Status
Details
Property Type Multifamily
Sub Type Apartment Building
Units 22
Cap Rate 7.15%
NOI $176,851
Occupancy 100%
Class B
Buildings 1
Stories 3
Investment Type Value Add
Sale Condition For sale by owner
Multifamily | 22 Units | $112,500/unit
Marketing description
Amodio & Co is pleased to present this 22-unit multifamily opportunity in Hartford - Connecticut’s capital city the “Insurance capital of the world.” Incredible value-add play for an investor seeking a stable investment with upside in the Central Connecticut market. Hartford ranked top multifamily market for rent growth at 4.3% annually, CoStar June 2024. Home to Travelers Insurance, The Hartford, Aetna/CVS, LAZ Parking HQ, and many more.
22-units brick
Coin laundry in basement
Paved on-site parking
Circuit breakers in-unit. Tenant paid electric
Hardwired fire alarm system
Newer gas heat/hot water
Unit upgrades on tenant turnover
Hardwood floors
Listing Contacts
Listed by Amodio & Co Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$176,851.00
$14,737.58/mo
Valuation Metrics
0
DSCR
7.15%
Cap Rate
7.15%
ROI
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