Brass City Portfolio 44 Units Multi-Family FOR SALE


Waterbury, CT - Downtown Waterbury
$4,500,000 USD
203-314-4219
, Waterbury, CT for Sale
$4,500,000 USD
Multi-Family - FOR SALE
1/39
null | 8.87% Cap Rate

Brass City Portfolio 44 Units
Waterbury, CT
Downtown Waterbury


HIGHLIGHTS

  • 6 Buildings | 44 Units
  • Brooklyn Neighborhood
  • Historically Low Vacancy | Strong Rental Demand
  • Diverse Unit Mix
  • Off-Street Parking
  • Cash Flow w/Value Add

OVERVIEW

Oxford Realty is pleased to present this Brooklyn neighborhood opportunity with Brass City Apartments Portfolio. Consisting of 44 units, in two locations less than 0.25 miles from one another. The portfolio is comprised of a total of six (6) buildings. There are four (4) contiguous properties on the corner of Bank St and Washington Ave for a total of 32 units and (2) adjacent buildings on Congress Ave with an additional 12 units. The portfolio offers a diverse unit mix of (5) studios, (26) one-bedroom, (4) two-bedroom and (9) three-bed apartments. All properties offer nicely renovated units, featuring improved and tasteful finishes including updated kitchens and bathrooms, modern flooring, and other in-unit improvements throughout most apartments. Many units have been turned, providing an investor with a strong combination of current cash flow and continued upside through ongoing rental increases. Each location features coin operated laundry and off street parking. This is a rare opportunity to acquire scale in Waterbury's Brooklyn neighborhood with well-maintained assets and proven rental demand.

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

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