Appleton Garden Apartments 23 Units

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30294603
Property Subtypes: Low-Rise/Garden
Status: Pending/Contingent
Number of Units: 23 Units
Building Size (RSF): 17,376 SF
Gross Land Area: 3 Acres
Sale Price: $1,650,000
Unit Price: $71,739.13 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/25/2019

Overview / Comments

Attractive 23 Unit Apartment Investment. Single 23-unit building on 3 acres. $165,439 Gross, $86,994 Net Operating Income, 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 on site property manager. Well maintained and well managed, onsite laundry.

Attachments & Media

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $19,480 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: New Ipswich
Tax ID/APN: 11-14
Zoning: RESIDENTIAL
Property Located Between: Cross Street: Ken
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 3
Year Built: 1975
Parking Type: Surface
Total Parking Spaces: 50
Laundry: Shared
Heat Type: Electricity
Fuel: Electric
Zoning Description: Legal Conforming
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,099 11,296
Median Age: 36.43 40.35
Households: 1,756 4,169

Contact

Photograph of Listing Agent

Ronald Fredette, CCIM

KW Commercial, NH NECPE Member
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