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$79,316

NOI

1.66

DSCR

10%

Cap

39%

ROI
NOI
$79,316
DSCR
1.66
Cap
10%
ROI
39%
$799,000
Massive Brick Six Family

Hartford, CT

6 Units . $133,167/unit

$799,000

Connor Wenchell

VC Property Group

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Est. $5,727 /mo

Get Pre-Approved
Description Income Loan Terms

$77,396

NOI

1.62

DSCR

10%

Cap

15%

ROI
% Proforma : % Proforma
98%
 Parking
Off Street
Property Type Type
Multifamily
 Heating
Natural Gas
Buildings
1
 Hot Water
Natural Gas
Parcel(s)
1
 Sewer
Public
Year Built
1910
 Water
Public
Occupancy Occ.
100%
 Trash
Owner Paid
Sqft
6914 sqft
 Utility Split
Tenant Paid
Lot Size
11813 acres
 Sprinklers
No
Highlights
  • Gut renovated units
  • Cold flat
  • Ample parking

Gut renovated 6 family asset to be sold at a 10% CAP RATE AS IS! The property features an impressive facade, quality craftsmanship, and subsidized rental premiums. Not to mention there is off street parking for all units, washer/dryer hookups, and brand new dual heat and hot water gas powered heaters for all units. Stabilized is an UNDERSTATEMENT!

Product Description

Gut renovated 6 family asset to be sold at a 10% CAP RATE AS IS! The property features an impressive facade, quality craftsmanship, and subsidized rental premiums. Not to mention there is off street parking for all units, washer/dryer hookups, and brand new dual heat and hot water gas powered heaters for all units. Stabilized is an UNDERSTATEMENT!
Property Snapshot
98% Proforma
Property Type
Multifamily
Building(s)
1
Sqft
6914 sqft
Parcel(s)
1
Lot Size
11813 acres
Year Built
1910
Property Description

Gut renovated 6 family asset to be sold at a 10% CAP RATE AS IS! The property features an impressive facade, quality craftsmanship, and subsidized rental premiums. Not to mention there is off street parking for all units, washer/dryer hookups, and brand new dual heat and hot water gas powered heaters for all units. Stabilized is an UNDERSTATEMENT!

Property Features
Utilities & Systems
Heating
Natural Gas
Hot Water
Natural Gas
Water
Public
Sewer
Public
Trash
Owner Paid
Electric
1000
Site Amenities
Parking
Off Street
Unit Amenities
N/A
Residential Income
Current vs Proforma
2 Bed, 1 Bath
$1,660
2 Bed, 1 Bath
$1,660
2 Bed, 1 Bath
$1,660
2 Bed, 1 Bath
$1,660
3 Bed, 1 Bath
$1,800
3 Bed, 1 Bath
$1,800
Monthly
$10,240
$10,400
Annual
$122,880
$124,800
Operating Expenses
Annualized
Property Taxes
$15,488
Insurance
$5,400
HOA
$0
Electric
$1,000
Heating
$0
Water / Sewer
$0
Trash
$4,000
Vacancy
$6,240
Maintenance
$5,928
Management
$5,928
Others
$1,500
Total Expenses
$45,484
$45,484
Loan Terms
Scenario Builder
Sale Price
$799,000
Loan Term
30
Rate
7%
LTV
75%
P&I
$3,987
$3,987
Request loan quote from VC Property Group.
Connor Wenchell
Connor Wenchell
VC Property Group

Connor Wenchell


VC Property Group

Email
Call