Historical Multifamily Sale Listing - Parsons Village & Ferry Landing

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Parsons Village & Ferry Landing

1 Colonial Drive, Rocky Hill, CT 06067

N/A

5 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
5
Building Size:
3,198 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Additional Sub-types:
Mid/High-Rise
Property Use Type:
Investment
Cap Rate:
8.10%
Listing ID
17909854
Last Updated
87 days ago

Highlights

  • Rarely Available Rocky Hill Income Property.
  • Five Condominium Units Always Rented
  • Rents Well Below Market. Opportunity To Increase Income.
  • 9.6 Cap Rate at Market Rents
  • Well Maintained, Desirable Communities.

Description

Rarely available five condo package in Rocky Hill CT. Superb location. Always rented, all long term tenants. Rents are currently well below market with month to month leases and will give new owner tremendous upside on income. A 9.6 cap rate at market rents. Three 1 bedroom units and one studio in Parsons Village and one 1 bedroom unit in Ferry Landing. Both communities are very well maintained and ideally located.

Rocky Hill, CT

Map of 1 Colonial Drive, Rocky Hill, CT 06067 (Hartford County)

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