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20 Units Semi-Renovated w/Good ARV 365 Willow St 20 Unit Apartment Building $1,399,900 ($69,995/Unit) 12.19% Cap Rate Waterbury, CT 06710
INVESTMENT HIGHLIGHTS
- Semi-Renovated Building
- Separate & Tenant Paid Utilities
- Great ARV!
- 20 Studio Units
- On-Street Parking
EXECUTIVE SUMMARY
SEMI-RENOVATION PROJECT AVAILABLE! Don't miss this opportunity to buy a 20 unit property with renovations underway. Located in upper Willow neighborhood. The unit mix consists of all studio units. The roof is like new and vinyl siding is in good condition, plus there are replacement windows throughout. The building interior is halfway to completion. Many of the units have new cabinets, countertops, bathroom vanities and toilets + other materials ready to be installed. All separate and tenant paid utilities - Electric & Gas. Electrical and plumbing are started but not finished. There is on-street parking only. Huge ARV once work is completed and the property is at full occupancy!
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Cable Ready
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Handrails
- Porch
SITE AMENITIES
- Trash Pickup - Curbside
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 20 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | WATE-000197-000737-000042 | Improvements Assessment | $294,420 |
| Land Assessment | $140,000 | Total Assessment | $434,420 |
PROPERTY TAXES
Parcel Number
WATE-000197-000737-000042
Land Assessment
$140,000
Improvements Assessment
$294,420
Total Assessment
$434,420
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20 Units Semi-Renovated w/Good ARV | 365 Willow St
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