145 Garfield Ave - Apartments FOR SALE


New London, CT 06320
$5,500,000 USD
860-313-9039
145 Garfield Ave, New London, CT for Sale
$5,500,000 USD
Apartments - FOR SALE
1/5
null | 7.55% Cap Rate

145 Garfield Ave
New London, CT 06320


OVERVIEW

Garfield Avenue Apartments is comprised entirely of one-bedroom apartments, with consistently high occupancy levels. The property features an attractive brick exterior, ample off-street parking for residents, and well-maintained common areas. The property is just minutes from I-95 and public transportation, providing easy access to the broader and located near major employers.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

38

PRICE/UNIT

$144,737

CAP RATE

7.55%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garfield Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

-

APN/PARCEL ID

NLON-000030-000160-000019

ASK ABOUT THIS PROPERTY

Jordan PintoChozick Realty Inc.More Info
860-313-9039

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Jordan PintoChozick Realty Inc.More Info
860-313-9039

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