Apartments For Sale • 31,824 SF
| Excellent location on main retail corridor of Hamden, CT |
| Desirable apartment mix of one-, two-, and three-bedroom units that appeal to a broad tenant base while maximizing space and functionality |
| Major upgrades to include: new boilers & furnaces, extensive improvements to roofing and sewer lines, and cosmetic upgrades to select units |
| A new owner is positioned to unlock significant rent growth through strategic unit upgrades, capitalizing on in-place rents that remain below market |
| Rooftop cell tower leases with national providers AT&T and Dish Network on five year leases |
| Cap Rate: | 8.35 % |
| Total Expenses: | $165,500 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| B B Hair Braiding | ||
| Divine Biz Consultants LLC | ||
| Dpervs Barber Shop | ||
| Family Nails | ||
| Frame Center | ||
| Hidden Potential Boutique | ||
| James M Clement Manufacturing & Custom Jewelers | ||
| Ju Ju Owl Vapors | ||
| No Angel Photography | ||
| R+c+m Studios LLC |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| New Haven-State Street Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) | 6 min | - | 3.2 mi |
| Airport | Drive | Walk | Distance |
| Tweed/New Haven | 17 min | - | 7.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 25 |
| Type: | Surface |
| Included in Rent: | Yes |