Description
Stabilized Asset - 8.5%+ cap on actuals. 26 Crandall Hill Road is a 12 Unit Multifamily in Montville CT. This property sits at the top of a hill on a rural single family street. All 12 units have been renovated and all tenants are on leases. Simple management and maintenance - slab foundation, all electric utilities with water heaters in each individual unit, exact same layout for all 12 units, no common areas, third party laundry company responsible for machines, assigned parking, all tenants on current leases, and most importantly very low expenses. This property is perfect for a 1031 investor or anyone looking for a stabilized asset.
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6BEDS
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3.35ACRES
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6BATHS
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01/2 BATHS
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4,752SQFT
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$247$/SQFT
School Information
Description
Stabilized Asset - 8.5%+ cap on actuals. 26 Crandall Hill Road is a 12 Unit Multifamily in Montville CT. This property sits at the top of a hill on a rural single family street. All 12 units have been renovated and all tenants are on leases. Simple management and maintenance - slab foundation, all electric utilities with water heaters in each individual unit, exact same layout for all 12 units, no common areas, third party laundry company responsible for machines, assigned parking, all tenants on current leases, and most importantly very low expenses. This property is perfect for a 1031 investor or anyone looking for a stabilized asset.
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