This Multifamily Property is no longer advertised on LoopNet.com.

The Butts
Worcester WR1 3PA
Virginia House · Multifamily Property For Sale · 42 Units

Investment Highlights

  • 18 Studio Rooms, 12 Studio Delux Rooms & 12 Double Rooms.
  • The property is situated in Worcester city centre, adjacent to The Hive Library.
  • The property has been converted & refurbished to a high specification.
  • Provides long term income security with minimal asset management input.
  • Ground floor cinema room, gym, dining and recreational areas.
  • Only 450 m from The University of Worcester City Campus.
  • Let in its entirety to Virginia House Ltd for a term of 125 years from March 20.
  • Freehold.

Property Facts

Price $3,641,275
Cap Rate 4.95%
No. Units 42
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.23 AC
Building Size 15,332 SF
No. Stories 4
Year Built/Renovated 1979/2020

Amenities

Unit Amenities

  • Microwave
  • Kitchen
  • Oven
  • Wi-Fi

Site Amenities

  • Wi-Fi

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 30 - -
2+2 12 - -
  • Listing ID: 25869375

  • Date on Market: 6/7/2022

  • Last Updated:

  • Address: The Butts, Worcester WR1 3PA

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