$90,539

NOI

1.68

DSCR

10%

Cap

36%

ROI

$900,000
7 Units on 2 Contiguous Parcels

Torrington, CT

Portfolio. $143 psf

$900,000

Connor Wenchell

VC Property Group

Est. $6,125 /mo

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Description Income Loan Terms

$85,739

NOI

1.59

DSCR

10%

Cap

14%

ROI

% Proforma : % Proforma
96%
Parking
Off Street
Property Type Type
Portfolio
Heating
Natural Gas
Buildings
3
Hot Water
Natural Gas
Parcel(s)
2
Sewer
Public
Year Built
1900
Water
Public
Occupancy Occ.
100%
Trash
City Pick-up
Sqft
6273 sqft
Utility Split
T/O Paid
Lot Size
20037 acres
Sprinklers
No
Highlights
  • Contiguous parcels
  • Central parking
  • Separate covered garage
  • Some high end finishes

This compound consists of three properties on two contiguous parcels including a single family, two family, and a four family. All properties are fully occupied and bankable at entry assuming an $799,000 purchase price, 75% LTV, 30 year amortization, and an interest rate of 7%. A few property highlights include ease of management, attractive unit mixes, and ample parking that exceeds the desired 1:1 ratio. All three structures must be sold as a package, but can be separated into two separate loans depending on operator preference.


Connor Wenchell


VC Property Group