3936 Whitney Ave - Apartments FOR SALE


Hamden, CT 06518
$1,200,000 USD
203-376-9650
3936 Whitney Ave, Hamden, CT for Sale
$1,200,000 USD
Apartments - FOR SALE
1/3
null | 7.99% Cap Rate

3936 Whitney Ave
Hamden, CT 06518


HIGHLIGHTS

  • The ground floor retail space includes 3 individual units with an additional shared lounge.
  • The property has grossed a steady income of $95,882. at full occupancy.
  • Amazing bucolic views are visible at the front of the property.
  • Nature trails for walking and cycling surround the building.
  • PROPERTY HIGHLIGHTS Mixed-Use Investment 1 Retail Unit 6 Apartments Fronting Route 10 Signalized Intersection 23,000 VPD

OVERVIEW

Coldwell Banker Commercial NRT presents for sale 3936 Whitney Avenue, located in Hamden, Connecticut. This 6,820 SF Mixed-Use property consists of one ground-floor retail unit and six apartments. Located on a half-acre at a signalized intersection, this high-visibility property has a traffic count of 23,000 vehicles per day. An excellent value-add opportunity for an investor, with vacant retail space and apartments leased below market rate.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

6

PRICE/UNIT

$200,000

CAP RATE

7.99%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

T3.5

APN/PARCEL ID

HAMD-003329-000055

ASK ABOUT THIS PROPERTY

James McCallCBC NRTMore Info
203-376-9650

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James McCallCBC NRTMore Info
203-376-9650

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.