50 Palmer St | Norwich, CT 06360
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- LoopNet Team
50 Palmer St
Norwich, CT 06360
Ledgeview Apartments · Multifamily Property For Sale
·
50 Units
INVESTMENT HIGHLIGHTS
- Private location, Near Two major casinos
- secluded, one level apartments all fully renovated in 2008, roof done 4 years ago
PROPERTY FACTS
| No. Units | 50 | Building Size | 93,174 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1968/2008 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 10.34 AC | ||
| Zoning | MF8 - Allows for a second level, condos, motel, hotel, and many more. There is also a 3.5Acre parcel that is being sold separately for 300k w/o approvals | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 10.34 AC |
| Building Size | 93,174 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1968/2008 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | MF8 - Allows for a second level, condos, motel, hotel, and many more. There is also a 3.5Acre parcel that is being sold separately for 300k w/o approvals |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Laundry Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $675.00 | 550 |
| 2+1 | 9 | $1,013 | 925 - 1,100 |
| 3+2 | 4 | $1,250 | 1,200 - 1,400 |
| 1+1 | 33 | $787.50 | 800 - 850 |
PROPERTY TAXES
| Parcel Number | NORW-000103-000002-000031 | Improvements Assessment | $2,687,700 |
| Land Assessment | $700,000 | Total Assessment | $3,387,700 |
PROPERTY TAXES
Parcel Number
NORW-000103-000002-000031
Land Assessment
$700,000
Improvements Assessment
$2,687,700
Total Assessment
$3,387,700
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