Private Offering

Bristol, CT 

Sale Price:

$2,550,000

Brand New Kitchen
Brand New Kitchen

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Fully Renovated Interior
Fully Renovated Interior

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Brand New Kitchen
Brand New Kitchen

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1/2

price

$2,550,000

square feet

****

cap rate

8.6%

occupancy

100%

units

20

buildings

4

noi

$222,505

built

2018

description:

Private Confidential Offering:   20 Unit Luxury Construction Redevelopment.  Rental Income/Investment Opportunity at 8.6% CAP. 

Sky Realty Group of Broder Commercial is pleased to present the exclusive opportunity to purchase the multi-family investment in Bristol, CT.   The building consists of 20 luxury apartments.

·      20 Luxury Apartment Units: 3-3 bed, 13-2 bed, 1-1 bed, 3-studio

·      10 Garage Units

·      Newly restored historic 4 building complex

·      Less than 1/2 mile to Bristol Hospital and Downtown

·      Quiet Residential Neighborhood

·      11 ft tall ceilings, large closets, hardwood floors

·      Beautiful stain glass windows with historic feel

·      Lots of natural light from double paned windows

·      Fully renovated kitchens: stainless steel appliances, granite countertops,                dishwasher, disposal

·      Air Conditioning and Laundry Facilities inside unit

·      Tenant Paid Utilities

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