331-339 Naubuc Ave - Apartments FOR SALE


Glastonbury, CT 06033- Outer Glastonbury/Marlborough
$1,500,000 USD
860-404-3029
331-339 Naubuc Ave, Glastonbury, CT for Sale
$1,500,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

331-339 Naubuc Ave
Glastonbury, CT 06033
Outer Glastonbury/Marlborough


OVERVIEW

Don’t miss this exceptional opportunity to acquire a fully occupied 7-unit multifamily property located at 331–339 Naubuc Ave in Glastonbury, Connecticut. This well-performing asset offers immediate cash flow with strong upside potential in a highly desirable and stable market. Property Highlights: -7 total residential units -Unit mix includes: -Four (4) townhouse-style units -One (1) two-bedroom apartment -One (1) studio apartment -One (1) single-family home (2-bedroom) -100% occupied – stable tenant base -Scenic setting with a lake located directly behind the property -Conveniently located near the Connecticut River -Ample on-site parking -Separate utilities -Gas Heating Investment Highlights: -Strong in-place income with potential for rent growth -Diverse unit mix appealing to a wide tenant pool -Located in a desirable Glastonbury submarket with low vacancy rates -Ideal for both seasoned investors and owner-operators Additional Information: -Financials available upon request (rent roll, expenses, etc.) -Do not disturb tenants Showings: Showings are available by appointment only on Tuesdays and Thursdays between 1:00 PM – 4:00 PM. For more information or to schedule a showing, please call or email.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

7

PRICE/UNIT

$214,286

CAP RATE

Request Cap Rate

% 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

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.91 AC

LAND SF

126,760 SF

ZONING

-

APN/PARCEL ID

GLAS-000005B-004700-S000022

ASK ABOUT THIS PROPERTY

Nazirah BealSarjac Partners LLCMore Info
860-404-3029

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Nazirah BealSarjac Partners LLCMore Info
860-404-3029

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