15 Unit Investment Portfolio

Multi-Family for Sale
15 Unit Investment Portfolio
Catylist Listing ID: 30728450
Number of Units: 15 Units
Building Size (RSF): 20,742 SF
Gross Land Area: 0.11 - 0.21 Acres
Sale Price: $1,755,000
Unit Price: $117,000 Per Unit
Property Use Type: Investment
Building Name: 15 unit investment portfolio
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/9/2021

Overview / Comments

This investment portfolio consist of 3 multi family properties, all located on Manchester's East side. Property 1 contains 4 one bedroom units, a 2 car garage and 3 car parking in the driveway. Property 2 consist of 2 three bedroom and 3 one bedroom units, with off street parking for 8 vehicles. Property #3,has 5 two bedroom and 1 one bedroom, off street parking for 6 vehicles. Tenants pay separately metered utilities.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $20,026 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Taxing Authority: City of Manchester
Tax ID/APN: 000-101-000
Zoning: RESIDENTIAL
Percent Occupied: 100%
Highway Access: access to routes 101 and Interstate 293,93
Airports: Manchester /Boston Regional
Area Description: All properties are located in residential neighborhoods within the city of Manchester.
Total Number of Buildings: 3
Property Condition: Average
Number of Stories: 3
Parking Type: Surface
Heat Type: Oil
Fuel: Oil
Zoning Description: Residential

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,265 85,604 129,375
Median Age: 34.92 36.77 37.13
Households: 3,478 35,102 52,519

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