97 Highland St - Apartments FOR SALE


West Haven, CT 06516
$995,000 USD
203-273-5256
97 Highland St, West Haven, CT for Sale
$995,000 USD
Apartments - FOR SALE
1/1
null | 5.75% Cap Rate

97 Highland St
West Haven, CT 06516


HIGHLIGHTS

  • Great Commuter Location
  • Large Layouts | 1, 2 & 3 Bedrooms
  • Brick Construction | Off Street Parking

OVERVIEW

USMF is proud to exclusively present Highland Apartments. This 6-unit building is a prime investment opportunity with great upside. Currently rents are 25%-35% below the market average. All units are responsible for their own utilities. The building is brick with a minimal maintenance overhead due to recent capital improvements including floor, walls, kitchens & bathrooms. West Haven is a neighborhood that has seen great appeal to new investors looking to capitalize on New Havens growing economy. The property is situated just off of I-95 and is in proximity to West Haven MTA Station and an easy commute downtown New Haven.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$179 USD /SF

# OF UNITS

6

PRICE/UNIT

$165,833

CAP RATE

5.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

highland Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

WHAV-000048-000214

ASK ABOUT THIS PROPERTY

203-273-5256

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203-273-5256

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