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71 Catlin Street - The Kennedy Building, Meriden, CT

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71 Catlin Street - The Kennedy Building

Meriden, CT 06450 - Meriden/Wallingford MF Submarket

Property Type:Multi-Family Number of Units:139 Status:Existing Year Built:1961
Stories:6 Building Size:89,980 SF Land Area:2.41 AC (104,980 SF)
For Sale Price:$10,000,000 Price/Unit:$71,942.45 Cap Rate:8.50 % GRM:-

Parking:1.57 Parking Spaces / 1,000 SF

Sale Notes:
The Kennedy Building a 135 Apts, and 6 Commercial Units located in the historic neighborhood in Meriden. Connecticut. It offers an investor the rare opportunity to acquire a sizable multi-family in high barrier to entry submarket with a proven operating performance and tremendous upside potential.

Resolution Trust Realty
James Dickerson

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