Brook Street Apartments

  • Title

    Multifamily Property

  • City

    Bristol, CT

  • Price

    $375,000

  • Cap Rate

    8.4%

  • Gross Leasable Area

    4,625 SF

  • No. Units

    6

  • Price/SF

    $81.08

  • Price/Unit

    $62,500

  • No. Stories

    3

  • Year Built

    1920

Not found amenities.

Northeast Private Client Group is pleased to present the Brook Street Apartments, a 6 unit multifamily property located in Bristol, Connecticut.

The Brook St Apartments are comprised of three (3) floors with two (2) units per floor. Heat is provided by a central oil boiler which is paid for by the landlord. Hot water is supplied through a combination of gas and electric water heaters, and is paid for by the tenant. A couple of units are equipped with laundry. the tenants also have access to a storage locker for their convenience. recent capital expenditures for this property include; new windows, new rear porch, new fire alarm system (local), a newer central oil boiler (2009) and a newer parking lot.

the Brook St Apartments provide a new owner the opportunity to acquire a value-add multifamily asset in Bristol, Ct. The property is located southwest of Hartford with east access to all major highways. Bristol is a family friendly community that has many diverse opportunities ranging from historical,entertainment, and dining. As the home of ESPN headquarters, the local community is consistently benefiting from large scale investments and national recognition

Bristol, Hartford County, CT

Brook Street Apartments Offering Memo