69 Unit Portfolio - Multi family For Sale

Multi-Family for Sale
Catylist Listing ID: 30761720
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden, Mixed Use
Number of Units: 69 Units
Building Size (RSF): 100,829 SF
Gross Building Area: See Agent
Gross Land Area: 3.83 Acres
Sale Price: $5,900,000
Unit Price: $85,507.25 Per Unit
Property Use Type: Investment
Usable Size (USF): 67,480 SF
Sale Terms: Cash to Seller
Cap Rate: 10.0%
Average Occupancy Rate: 95
Last Updated: 12/7/2021

Overview / Comments

This is portfolio sale. Total of 11 properties consisting 14 buildings. Properties are located:
65 Sullivan St, Claremont
22 Summer St, Claremont
35 South St, Claremont
11 Fern St, Claremont
104 Summer St, Claremont
220 Broad St, Claremont
155 N Main St, Newport
75 Beech St, Bristol
215-223 Wilson St, Manchester
145-147-153 Union Ave, Laconia
4 Slip Rd/771 Forest Rd, Greenfield

Attachments & Media

Additional Details

Nearest MSA: Lebanon
County: Sullivan
Tax ID/APN: 107/78
Zoning: VARIED
Percent Occupied: 95%
Property Located Between: Various
Highway Access: Various by each individual property
Airports: Yes
Site Description: Total of 146 bedrooms, 2 commercial units, 7 private garages, office and restaurant space.
Area Description: Located in 5 different New Hampshire counties and 7 different communities, all within an approximately an hour.
Total Number of Buildings: 14
Property Condition: Good
Number of Stories: 3
Roof Type: Other
Construction/Siding: Aluminum Siding, Vinyl Siding, Wood Frame, Wood Siding, Other
Parking Type: Structure, Surface
Parking Description: Each property has its own dedicated surface parking area for tenants, as well as 7 private garages.
Sprinklers: None
Heat Type: Electricity, Natural Gas, Propane, Oil, Steam, Other
Heat Source: Central, Wall Units, Other
Fuel: Gas, Oil, Electric, Propane
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, Well, Other
Sewer Type: Municipal, Septic, Other
Easements: Other
Easements Description: See individual deeds.
Land Ownership: Fee Simple
Legal Description: See individual deeds.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,822 12,349 16,243
Median Age: 36.25 40.31 41.09
Households: 1,692 5,278 6,819
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.