|
$45,510 NOI |
$3,596 NCF |
1.09 DSCR |
7% Cap |
2% ROI |
Luxury Multifamily Near Town Green
117 Broad St, Norwich, CT
4 Family . $175,000/unit
$700,000
|
$45,510 NOI |
$3,596 NCF |
1.09 DSCR |
7% Cap |
2% ROI |
| % Proforma : % Proforma :
92%
|
Parking :
Off Street
|
| Property Type : Type :
4 Family
|
Heating :
Natural Gas
|
| Buildings :
1
|
Hot Water :
Natural Gas
|
| Parcel(s) :
1
|
Sewer :
Public
|
| Year Built :
1900
|
Water :
Public
|
| Occupancy : Occ. :
100%
|
Trash :
City Pick-up
|
| Sqft:
4300 sqft
|
Utility Split :
Tenant Paid
|
| Lot Size :
11000 acres
|
Sprinklers :
No
|
- Luxury, Class A Units
- A/C and In-Unit Laundry
- Off Street Parking and Tenant Paid Utilities
Welcome to this breath taking portfolio of architectural gems. This never before seen portfolio of Class A multifamily properties has been finished with extraordinary precision. Consisting of 20 units across 5 properties, each beaming with historic New England charm, tasteful color schemes, and locational prowess! Each building features cohesive details from boutique light fixtures to rustic flooring and high end appliances. This opportunity speaks for itself as the quality and aesthetic value of the apartments rivals the impeccable facade of each building. These trophy properties will shine for decades to come while maintaining their intrinsic value being situated within the historic small city setting that Norwich provides. Oh, and did I mention the STRONG in-place rents and cashflow, with 16% ROI upside? Click the link below to be redirected to a dedicated web page showcasing dozens of interior photos, virtual tours, video from a bird’s eye view and more. https://vcpropertygrp.com/the-norwich-portfolio VC Property Group can secure portfolio financing at 5.79%, 5 year term and 30 year amortization. Call 860.300.3102 for details
