13 Units Multi-Family Portfolio, Lakes Region

Multi-Family for Sale
Catylist Listing ID: 30851255
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden
Number of Units: 13 Units
Building Size (RSF): 13,150 SF
Sale Price: $1,950,000
Unit Price: $150,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 8.88%
Average Occupancy Rate: 100
Last Updated: 4/25/2024

Overview / Comments

This is a portfolio sale. Total of 2 properties consisting of 3 buildings. These properties are located in:
- Laconia at 145 Union Ave and 153 Union Ave
- Bristol at 75 Beech St

Additional Details

Nearest MSA: Laconia
County: Belknap
Tax ID/APN: 432-220-59
Zoning: UC
Percent Occupied: 100%
Property Located Between: Various
Highway Access: Various by each individual property
Area Description: Located in the New Hampshire's Lakes Region, where picturesque lakes and mountains form an idyllic backdrop for these select properties.
Total Number of Buildings: 3
Property Condition: Good
Construction/Siding: Aluminum Siding, Vinyl Siding
Parking Type: Surface
Parking Description: Each property has its own dedicated surface parking area for tenants.
Sprinklers: None
Heat Type: Hot Water
Fuel: Gas, Oil
Air Conditioning: Other
Interior Description: Unit's are in varied conditions, with a number of units having been updated at various times. All necessary repairs and maintenance have been addressed promptly at the time when needed.
Zoning Description: Various
Water Service: Municipal
Sewer Type: Municipal
Easements Description: See individual deeds.
Legal Description: See individual deeds.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,724 18,411 27,413
Median Age: 37.69 42.73 43.71
Households: 2,861 7,690 11,456
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