45 Olmsted St - Apartments FOR SALE


East Hartford, CT 06108
$5,500,000 USD
45 Olmsted St, East Hartford, CT for Sale
$5,500,000 USD
Apartments - FOR SALE
1/13
null | 7.1% Cap Rate

45 Olmsted St
East Hartford, CT 06108


HIGHLIGHTS

  • 44 Units - Appx 80% of units updated and remodeled
  • Ample onsite parking
  • Resident Paid Utilities
  • At or Close to 100% Occ on consistent basis
  • Turn Key investment with Additional Up Side Rent Growth

OVERVIEW

Chozick Realty is pleased to offer the Woodside Apartments, 45 Olmsted Street, East Hartford, CT. This property has an outstanding operating history with many recent updates. Approximately 80% of the 44 units have beenfully renovated and updated, offering not only a turn key investment, but further upside rental growth. HIGHLIGHTS 44 Units - (42 One Bedroom & 2 Two Bed) Approx 80% of units fully renovated Tenant Paid Heat & Hot Water Close to town center, Pratt & Whitney More than ample onsite parking spaces Fully Occupied - Turn Key Additional Upside Growth in Rents

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$155 USD /SF

# OF UNITS

44

PRICE/UNIT

$125,000

CAP RATE

7.1%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodside Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

R-4

APN/PARCEL ID

EHAR-000025-000000-000267

ASK ABOUT THIS PROPERTY

Rick ChozickChozick Realty Inc.More Info

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Rick ChozickChozick Realty Inc.More Info

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