Meadow Portfolio Multi-Family FOR SALE


Bristol, CT - Bristol/Plainville
$1,320,000 USD
203-464-2434
, Bristol, CT for Sale
$1,320,000 USD
Multi-Family - FOR SALE
1/9
null | 8.33% Cap Rate

Meadow Portfolio
Bristol, CT
Bristol/Plainville


HIGHLIGHTS

  • Convenient Location
  • ESPN Campus
  • Strong In-Place Rents with Upside
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Meadow Street Portfolio, a two property multi-family investment portfolio in Bristol, Connecticut (the “Properties” or “Portfolio”). The Portfolio includes two (2) multi-family properties and contains twelve (12) total units comprised of one (1), 4-Bedroom/1-Bathroom unit, one (1), 3-Bedroom/1-Bathroom unit, nine (9), 2-Bedroom/1-Bathroom units, and one (1), commercial unit with 9,677 square feet of living area in 16,498 square feet of gross area on a combined 0.4 acres of land. The Meadow Street Portfolio is well-located between N Main Street and West Street in Downtown Bristol, in close proximity to the area’s primary commercial and commuter corridors. The Properties are within walking distance of numerous retail, dining, and entertainment amenities, and offer convenient access to Route 72, public transportation, local schools, and major employers in Bristol and the surrounding region. Additionally, the location provides easy connectivity to New Britain, Hartford, and Waterbury. The Portfolio represents the rare opportunity to acquire a well-located multi-family investment in a supply-constrained rental market that offers income growth, strong investment returns, and upside in rents at select properties.

ASK ABOUT THIS PROPERTY

Tim HinesHorvath & TremblayMore Info
203-464-2434

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Tim HinesHorvath & TremblayMore Info
203-464-2434

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