541 Pierpont Rd - Apartments FOR SALE


Waterbury, CT 06705
$5,125,000 USD
203-751-1390
541 Pierpont Rd, Waterbury, CT for Sale
$5,125,000 USD
Apartments - FOR SALE
1/34
null | 6.51% Cap Rate

541 Pierpont Rd
Waterbury, CT 06705


HIGHLIGHTS

  • HUGE VALUE ADD OPPORTUNITY - Many Units at Far Below Market Rents
  • Low Maintenance Investment - HOA Handles Exterior Property Management
  • One and Two Bedroom Condos Featuring Updated Interiors, Attached Garages, Laundry in-unit, Many Nearby Amenities

OVERVIEW

2% to Buyer’s Agent. Available Now: Condo Portfolio: THIRTY ONE (31) Rental Unit Portfolio for Sale as a Package Deal. Become the Owner of Thirty One Income Producing Condos Across Eleven Well-Maintained Condo Complexes Providing Stable Rents From Day One. MASSIVE Value Add Opportunity with the Below Market Rents Currently in Place. Condo Associations Provide Hands off Property Management and In Place Management Team Handles Tenant Issues - No Headaches for Owner!

FOR SALE DETAILS

PRICE

$5,125,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

31

PRICE/UNIT

$165,323

CAP RATE

6.51%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

31 Unit Condo Portfolio - Waterbury

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,772 SF

ZONING

-

APN/PARCEL ID

WATE-000307-000409-000541-000001

ASK ABOUT THIS PROPERTY

Zachary PrangerGroup Realty LLCMore Info
203-751-1390

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

Zachary PrangerGroup Realty LLCMore Info
203-751-1390

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