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: |
9/21/2023 |
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. |
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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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.
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