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: 3/1/2024

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.

View FullscreenMap

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
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.