|
$89,689 NOI |
$28,981 NCF |
1.48 DSCR |
9% Cap |
12% ROI |
$999,000
Luxury Apartment Building
214 Broadway, Norwich, CT
6 Units . $166,500/unit
$999,000
Description
Income
Expenses
Highlights
|
$89,689 NOI |
$28,981 NCF |
1.48 DSCR |
9% Cap |
12% ROI |
| % Proforma : % Proforma :
94%
|
Parking :
Off Street
|
| Property Type : Type :
Multifamily
|
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:
6000 sqft
|
Utility Split :
Tenant Paid
|
| Lot Size :
11000 acres
|
Sprinklers :
No
|
- Luxury Apartment Units
- Designer Finishes
- Off Street Parking and Tenant Paid Utilities
- In-Unit Laundry
What a gem, and in one of the most highly desired neighborhoods in New London County. This 6 unit apartment building has been beautifully renovated with finishes that rival many luxury single families. Property features off-street parking, in-unit laundry, tenant paid utilities and designer finishes. There's an in-place 15% ROI, which is unheard of for such a beautifully renovated asset, so don't miss out.
