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Investment Highlights
- Historically low vacancy
- Value-Add Highlights Historically low vacancy
- Large 3-Bedroom units with strong tenant demand
Executive Summary
Compelling opportunity to acquire a Hartford multifamily portfolio consisting of seven (7) buildings and twenty-one (21) units. The portfolio is comprised exclusively of spacious 3-Bedroom / 1-Bathroom units with large floor plans, a strong and stable tenant base, and a history of low vacancy. The properties are well maintained and offer low-maintenance operations. Additional features include off-street parking and separately metered, tenant-paid gas utilities. The portfolio provides clear value-add upside through rent increases upon tenant turnover, allowing an investor to drive NOI growth while maintaining operational efficiency.
Property Facts
| Price | $2,999,999 | Number of Properties | 7 |
| Price / SF | $97.97 / SF | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 30,621 SF |
| Sale Type | Investment | Total Land Area | 0.91 AC |
| Status | Active |
| Price | $2,999,999 |
| Price / SF | $97.97 / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 30,621 SF |
| Total Land Area | 0.91 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 112 Putnam St, Hartford, CT 06106 | Multifamily | 7,983 SF | 1900 | - |
| 528 Broad St, Hartford, CT 06106 | Multifamily | 4,143 SF | 1905 | - |
| 124 Putnam St, Hartford, CT 06106 | Multifamily | 4,092 SF | 1900 | - |
| 166 Putnam St, Hartford, CT 06106 | Multifamily | 4,032 SF | 1910 | - |
| 49-51 Chadwick Ave, Hartford, CT 06106 | Multifamily | 3,741 SF | 1910 | - |
| 39-41 Colonial St, Hartford, CT 06106 | Multifamily | 3,510 SF | 1925 | - |
| 556 Broad St, Hartford, CT 06106 | Multifamily | 3,120 SF | 1890 | - |
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Hartford Portfolio
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