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11 Church Hill Rd
Newtown, CT 06470
Mixed-Use Investment · Office Property For Sale
Investment Highlights
- Strong in-place income in high demand corridor
- Well maintained & in excellent condition
- Minutes to Sandy Hook Village and I-84
- Mixed Use of residential and commerical
- Oversized parking lot
- (2) Two-Bed apartments, (5) One-Bed apartments, (2) commercial units
Executive Summary
Mixed-use property consisting of 7 residential apartments and 2 commercial units. Located on the major commercial arterial and minutes to Sandy Hook Village.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
8,016 SF
Building Class
B
Year Built
1968
Price
$2,200,000
Price Per SF
$274.45
Cap Rate
6.64%
NOI
$145,990
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,008 SF
Building FAR
0.16
Lot Size
1.15 AC
Zoning
P-1
Parking
35 Spaces (4.37 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Storage Space
- Central Heating
- Natural Light
- Reception
- Drop Ceiling
- Air Conditioning
Property Taxes
| Parcel Number | NEWT-000026-000011-000001 | Improvements Assessment | $666,500 |
| Land Assessment | $86,780 | Total Assessment | $753,280 |
Property Taxes
Parcel Number
NEWT-000026-000011-000001
Land Assessment
$86,780
Improvements Assessment
$666,500
Total Assessment
$753,280
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