997 Broadway - Apartments FOR SALE


Raynham, MA 02767
$700,000 USD
781-776-4000
997 Broadway, Raynham, MA for Sale
$700,000 USD
Apartments - FOR SALE
1/13
null | 5.1% Cap Rate

997 Broadway
Raynham, MA 02767


HIGHLIGHTS

  • Convenient Location
  • Value-Add Opportunity
  • Separate Utilities
  • Off-Street Parking & Amenities
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 997 Broadway in Raynham, Massachusetts (the “Property”). The two-story building contains five (5), 1-Bedroom/1-Bathroom residential units with 3,094 square feet of living area in 3,374 total gross square feet. The Property is situated on a 0.53-acre parcel of land and features an on-site laundry facility and 9 on-site parking available for tenants. 997 Broadway is well-located on MA Route 138 and well-maintained with low historical vacancy. There is a limited supply of multi-family property in Bristol County with a high demand for rental units. The Property is situated on the north side of Raynham and offers tenants convenient access to the area’s major roadways, area schools, area shopping (Walmart Supercenter, Market Basket, Trucchi’s, Walgreens, CVS), several options for restaurants and bars, and convenient access to Downtown Taunton.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

5

PRICE/UNIT

$140,000

CAP RATE

5.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

-

APN/PARCEL ID

RAYN-000004-000161

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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