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97 Cedar Hill Ln
Montpelier, VT 05602

$5,400,000

Apartments For Sale  •  40,190 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 40,190 Sq Ft
  • Lot Size 8.34 ac
  • Building Class B
  • Year Built 1973
  • Cap Rate 6.00 %
26 Transit Score
44 Walk Score

Description

36-Unit Apartment Complex in Montpelier, VT
97-98-99 Cedar Hill Lane, Montpelier, VT
• Location: Located in the City of Montpelier, VT:   3/4 mile from Downtown Montpelier
• Land Area: 8.34 acres
• Exterior Materials: brick and cedar shakes; New standing seam steel roof
• Unit Mix (in 3 buildings):
(8) 	Two-Bedroom/1 Bath units
(20) Three-Bedroom/1.5 Bath units
(8)	Four-Bedroom/1.5 Bath units
• Individual Electric and Heat metering
• Includes Additional Building: 225 sq. ft. Office Building

Highlights

Walking distance to downtown Montpelier
Good views
New standing seam steel roof

Property Flyers

Financial Summary

Cap Rate: 6.00 %

Amenities

  • Laundry Facilities
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Carpet

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 49
Type: Surface
Included in Rent: Yes
William McNamara 781-459-0354 RentalsSales
William McNamara 781-459-0354 RentalsSales