South End Six Family Package
Two six family apartment buildings in the South End of Hartford
Marketing description
Rare opportunity to acquire a 12-unit multifamily portfolio consisting of two 6-family
properties located at 196 Park Street and 38 Brown Street in Hartford, Connecticut.
Offering immediate scale, strong in-place cash flow, and operational efficiencies, this
package is ideal for investors seeking a larger multifamily asset in one of Connecticut's
strongest rental markets.
The portfolio features a desirable mix of six 3-bedroom units and six 2-bedroom units,
appealing to a broad tenant base and supporting long-term occupancy. Both properties
benefit from tenant-paid utilities, off-street parking, public water and sewer, and gas
heat, helping to minimize operating expenses and maximize investor returns.
Currently operating at strong occupancy levels, the portfolio offers additional upside
through continued rent growth and stabilization to market rents. The combination of
larger family-sized units and Hartford's ongoing demand for affordable workforce
housing creates a compelling long-term investment profile. Conveniently located near
downtown Hartford, major employers, hospitals, universities, public transportation, and
interstate highways, the properties benefit from excellent accessibility and a deep tenant
pool.
Investment highlights
- Fully Stabilized
- Brick Buildings
- South End / Frog Hollow
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