Turn Key 9 Unit Building

$79,835 NOI	1.69 DSCR	10% Cap	41% ROI

$830,000

Turn Key 9 Unit Building

27 Allen Place, Hartford, CT

9 Units . $92,222/unit

$830,000

Anthony Velez

VC Property Group

REB.0795536

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Est. $6,423 /mo

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Description Income Loan Terms

$58,835 NOI	1.25 DSCR	7% Cap	6% ROI

% Proforma : % Proforma 84%	Parking Off Street
Property Type Type Multifamily	Heating Natural Gas
Buildings 1	Hot Water Natural Gas
Parcel(s) 1	Sewer Public
Year Built 1925	Water Public
Occupancy Occ. 100%	Trash City Pick-up
Sqft 9000 sqft	Utility Split Owner Paid
Lot Size 22000 acres	Sprinklers No

Highlights

Off Street Parking
Well Managed, Turnpike Key Asset
Security Cameras and Fully Occupied

Welcome to this well managed asset on one of the most desired streets in the Hartford multifamily market. Property is fully Stabilized, with off street parking and a state of the art security system. All 9 units are occupied and yielding $9,300 per month. On this street, immediately adjacent to Hartford Hospital, it will not last, so call today!!

$58,835 NOI	1.25 DSCR	7% Cap	6% ROI

Rental Income	Current	Proforma
1 1 Bed, 1 Bath	1,050	$
2 1 Bed, 1 Bath	1,050	$
3 1 Bed, 1 Bath	1,050	$
4 1 Bed, 1 Bath	1,050	$
5 1 Bed, 1 Bath	1,050	$
6 1 Bed, 1 Bath	1,050	$
7 1 Bed, 1 Bath	1,050	$
8 Bed, 1 Bath	1,000	$
9 Bed, 1 Bath	1,000	$
Total	$9,350	$11100
Operating Expenses Annualized
Property Taxes	$20,865	$
Insuarance	$9,000	$
HOA	$	$
Electic	$6,000	$
Heating	$4,000	$
Water/Sewer	$4,500	$
Trash	$	$
Vacancy	$3,000	$
Maintenance	$3,000	$
Management	$3,000	$
Other	$	$
Total	$ 53,365	$ 53,365

	Current	Proforma
Sale Price	$830,000	$
Loan Term	30
Rate	6.5%	%
LTV	75	%
P&I	$3,935	$3,935


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VC Property Group

Anthony Velez

VC Property Group

REB.0795536

Call

Anthony Velez

VC Property Group

Turn Key 9 Unit Building

Product Description

Loan Matcher