Apartment Buildings /WOR /Worcestershire County /Worcester /The Butts
Apartment Buildings /WOR /Worcestershire County /Worcester /The Butts

The Butts - Apartments FOR SALE


Worcester, WOR WR1 3PA | 
$2,750,000 USD
190-567-9758
The Butts, Worcester, WOR for Sale
$2,750,000 USD
Apartments - FOR SALE
1/24
null | 4.95% Cap Rate
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The Butts
Worcester, WOR WR1 3PA

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HIGHLIGHTS

  • Long income student investment with 123 years unexpired
  • The property Comprises 18 studio rooms, 12 studio deluxe and 12 double rooms
  • Amenities include cinema room, gym, dining and recreational areas
  • Situated in Worcester City Centre

OVERVIEW

The property is available for offers in excess of 2,750,000 for the freehold interest, based upon the topped up rent of £145,000 per annum, a purchase at this level reflects a net initial yield of 4.95%.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$179 USD /SF

# OF UNITS

42

PRICE/UNIT

$65,476

CAP RATE

4.95%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Virginia House

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,878 SF

ZONING

-

APN/PARCEL ID

WR192787,WR22172,WR44482,WR88313

ASK ABOUT THIS PROPERTY

Richard LingenSavillsMore Info
190-567-9758

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Richard LingenSavillsMore Info
190-567-9758

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