9 Unit Apartment Building Manchester

Multi-Family for Sale
Also listed as Industrial
Catylist Listing ID: 30377411
Number of Units: 9 Units
Building Size (RSF): 10,215 SF
Gross Land Area: 0.12 Acres
Sale Price: $699,900
Unit Price: $77,766.67 Per Unit
Property Use Type: Investment
Building Name: 269 Cedar St
Sale Terms: Undisclosed
Cap Rate: 8.0%
Last Updated: 2/19/2019

Overview / Comments

Strong cash flows stable tenancies all large apartments 9 apartments six 4 bedroom apartments and three 3 bedroom apartments, separate utilities. Easy to rent because of the apartment sizes. Call for the numbers. Solid 8% cap rate, a great cash on cash return. Building is in decent condition, has lead paint certificate, and is available as a package with other buildings.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 60-25
Site Description: property type: Other HVAC: Gas
Property Condition: Average
Number of Stories: 3
Year Built: 1941
Roof Type: Other
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: Street
Fuel: Gas
Zoning Description: R-3 Multi Family
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 32,830 106,656 143,800
Median Age: 33.02 37.41 37.53
Households: 13,476 44,083 57,634


Photograph of Listing Agent

Steven Cotran

NECPE Member
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