For Sale View Offering Memorandum

40,46,50 Railroad St

40,46,50 Railroad St, New Milford, CT 06776

Property Stats

Units
TypeMultifamily
Sub-typeMid/High-rise
Use TypeInvestment
Lot SizeNot specified
MSANot specified
Year Built1902

Property Details

Property Description

Located on Highly Visible Railroad Street in New Milford, this fully rented building offers an attractive CAP Rate of 9.09% with BELOW MARKET RENTS.
By Raising rents to market value your CAP RATE becomes a very attractive 10%+.
This property also offers off street parking for the residential units.
Owner will consider OWNER FINANCING

Highlights

  • Below Market Rents
  • Long Term Tenants
  • Highly Visible Location
  • Owner Financing will be considered
  • Fully Leased

Property Map

Additional Info

  • Number of Floors: 3
  • Under Construction: No
  • Building Class: Not specified
  • RSF: Not specified
  • USF: Not specified
  • Acres: 0.22

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.