Log In/Sign Up
Your email has been sent.
228 Pattonwood Dr - Pattonwood 1 Unit Apartment Building Offered at $799,900 at a 5.75% Cap Rate Southington, CT 06489
INVESTMENT HIGHLIGHTS
- 95% NEW updates done in 2023
- 9th Hole Golf course location
- Updated with Luxury finishes throughout
EXECUTIVE SUMMARY
Property currently under lease til July 2028. Tenants pay and maintain EVERYTHING. Still $144,000 to be paid on lease.
This house is a great spot to put your money vs other investments. Located elevated up on the 9th hole of hawks nest country club golf course. Entire house was updated in 2023 ….House exterior was repainted, New roof, many new windows, New hardwood floors added, new carpeting, updated 200Amp elec, interior repainted, 3 full bath remodeled, New Kitchen cabinets, granite counters, and appliances. Two propane furnaces and one was replaced last year. Home has old Elec baseboard as back up. This home has 4 beds on main level with 3 full baths and basement inlaw with kitchen, full bath and bedroom. New owner can add tons of value with cutting trees to expose best view on golf course!
Selling As Is with guaranteed money lease in place. Notice needed for tenants.
This house is a great spot to put your money vs other investments. Located elevated up on the 9th hole of hawks nest country club golf course. Entire house was updated in 2023 ….House exterior was repainted, New roof, many new windows, New hardwood floors added, new carpeting, updated 200Amp elec, interior repainted, 3 full bath remodeled, New Kitchen cabinets, granite counters, and appliances. Two propane furnaces and one was replaced last year. Home has old Elec baseboard as back up. This home has 4 beds on main level with 3 full baths and basement inlaw with kitchen, full bath and bedroom. New owner can add tons of value with cutting trees to expose best view on golf course!
Selling As Is with guaranteed money lease in place. Notice needed for tenants.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $799,900 | Building Class | B |
| Price Per Unit | $799,900 | Lot Size | 0.61 AC |
| Sale Type | Investment | Building Size | 3,717 SF |
| Cap Rate | 5.75% | Average Occupancy | 100% |
| Sale Condition | 1031 Exchange | No. Stories | 2 |
| No. Units | 1 | Year Built/Renovated | 1969/2023 |
| Property Type | Multifamily | Parking Ratio | 9/1,000 SF |
| Apartment Style | Single-Family Home | ||
| Zoning | R80 - R80 - 2 acre | ||
| Price | $799,900 |
| Price Per Unit | $799,900 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Sale Condition | 1031 Exchange |
| No. Units | 1 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.61 AC |
| Building Size | 3,717 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2023 |
| Parking Ratio | 9/1,000 SF |
| Zoning | R80 - R80 - 2 acre |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+4 | 1 | $4,000 | 3,717 |
1 of 40
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
228 Pattonwood Dr - Pattonwood
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.