61 Appleton Rd | New Ipswich, NH 03071
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61 Appleton Rd
New Ipswich, NH 03071
Appleton Garden Apartments · Multifamily Property For Sale
·
23 Units
PROPERTY FACTS
| No. Units | 23 | Lot Size | 3.00 AC |
| Property Type | Multifamily | Building Size | 17,376 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1975 |
| Building Class | C | Parking Ratio | 2.88/1,000 SF |
| Zoning | RD R | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 3.00 AC |
| Building Size | 17,376 SF |
| No. Stories | 3 |
| Year Built | 1975 |
| Parking Ratio | 2.88/1,000 SF |
| Zoning | RD R |
ABOUT 61 APPLETON RD , NEW IPSWICH, NH 03071
Attractive 23 Unit Apartment Investment with a huge upside potential. Single 23-unit building on 3 acres. Year 2018 financials are below market rents: $165,439 Gross, $86,994 NOI. Property has a large off-street paved parking lot. Unit mix is 12 / 2-bedroom, 11 / 1-bedroom Apts. Tenant paid heat and electric, Landlord paid hot water. Good rental history, well maintained and well managed, onsite laundry.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
| 1+1 | 11 | - | - |
PROPERTY TAXES
| Parcel Number | NIPS-000011-000000-000014 | Improvements Assessment | $1,406,500 |
| Land Assessment | $212,000 | Total Assessment | $1,618,500 |
PROPERTY TAXES
Parcel Number
NIPS-000011-000000-000014
Land Assessment
$212,000
Improvements Assessment
$1,406,500
Total Assessment
$1,618,500
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