Park Road Apartments

  • Title

    Multifamily Property

  • City

    Hartford, CT

  • Price

    $570,000

  • Cap Rate

    5.80%

  • Gross Leasable Area

    5,000

  • No. Units

    8

  • Price/Unit

    $71,250

  • No. Stories

    3

  • Property Type

    Multifamily

  • Tenancy

    Multiple

  • Year Built

    1966

Not found amenities.

Northeast Private Client Group is pleased to present the Park Road Apartments, an 8-unit multifamily property located in West Hartford, Connecticut.
The Park Road Apartments is comprised of 8- one bedroom apartments. Heat and hot water is supplied through a central natural gas system. The property features an on site laundry facility and some off street parking for the tenants. The property is located within walking distance of West Hartford’s Blue Back Square which offers many shopping and restaurant experiences. The Central Connecticut location and ease of access to major interstates makes West Hartford a desirable choice for renters. A new owner can realize upside through upgrading units and raising rents to market levels.

NOTE** The property has 1 unit that does not carry a “CO” (certificate of occupancy)

West Hartford, Hartford, CT