37 Unit Condo Portfolio - Waterbury | 541 Pierpont Rd
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37 Unit Condo Portfolio - Waterbury 541 Pierpont Rd
37 Unit Block of Flats £3,877,335 (£104,793/Unit) 7.94% Net Initial Yield Waterbury, CT 06705
Investment Highlights
- HUGE VALUE ADD OPPORTUNITY - Many Units at Far Below Market Rents
- One and Two Bedroom Condos Featuring Updated Interiors, Attached Garages, Laundry in-unit, Many Nearby Amenities
- Low Maintenance Investment - HOA Handles Exterior Property Management
Executive Summary
2% to Buyer’s Agent. Available Now: Condo Portfolio: THIRTY SEVEN (37) Rental Unit Portfolio for Sale as a Package Deal. Become the Owner of Thirty Seven Income Producing Condos Across Eleven Well-Maintained Condo Complexes Providing Stable Rents From Day One. MASSIVE Value Add Opportunity with the Below Market Rents Currently in Place. Condo Associations Provide Hands off Property Management and In Place Management Team Handles Tenant Issues - No Headaches for Owner!
Property Facts
| Price | £3,877,335 | Apartment Style | Garden |
| Price Per Unit | £104,793 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.48 AC |
| Net Initial Yield | 7.94% | Building Size | 36,801 SF |
| No. Units | 37 | Number of Floors | 3 |
| Property Type | Residential | Year Built | 1987 |
| Property Subtype | Apartment |
| Price | £3,877,335 |
| Price Per Unit | £104,793 |
| Sale Type | Investment |
| Net Initial Yield | 7.94% |
| No. Units | 37 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 36,801 SF |
| Number of Floors | 3 |
| Year Built | 1987 |
Amenities
- Smoke Detector
Unit Amenities
- Balcony
- Dishwasher
- Eat-in Kitchen
- Wooden Floors
- Carpet
- Basement
- Dining Room
Site Amenities
- Laundry Facilities
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37 Unit Condo Portfolio - Waterbury | 541 Pierpont Rd
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