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Multifamily

1252 Main St

1252 Main St, East Hartford, CT 06108

Listing Price: $2,650,000

Cap Rate
7.14%
Number of Units
19
GRM
8.50
Price/Unit
$139,474
Price/Gross SF
$207.76
Gross SF
12,755

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 1252 Main Street - a 19-unit completely redeveloped apartment building in East Hartford

Investment Highlights

  • Recent Conversion/Rehabilitation Including Luxury Renovations to Kitchens, Bathrooms, Flooring, and Major Mechanical Systems Overhaul
  • Accretive Tax Phase-in Agreement Following Substantial Improvements in the Railroad Depot Zone
  • Luxury Finishes: High End Kitchens with Stainless Appliances and Brand New Tiled Baths

Exclusively Listed By

  • Wes Klockner

    Managing Director Investments

    (203) 672-3326

    Email Wes

    License(s): NY: 10401263791, CT: RES, 0799478

    New Haven

  • Eric Pentore

    Senior Managing Director Investments

    (203) 672-3336

    Email Eric

    License(s): CT: RES. 0787525

    New Haven

Multifamily

1252 Main St

Listing Price: $2,650,000

Cap Rate
7.14%
Number of Units
19
GRM
8.50
Price/Unit
$139,474
Price/Gross SF
$207.76
Gross SF
12,755

Investment Highlights

  • Recent Conversion/Rehabilitation Including Luxury Renovations to Kitchens, Bathrooms, Flooring, and Major Mechanical Systems Overhaul
  • Accretive Tax Phase-in Agreement Following Substantial Improvements in the Railroad Depot Zone
  • Luxury Finishes: High End Kitchens with Stainless Appliances and Brand New Tiled Baths

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 1252 Main Street - a 19-unit completely redeveloped apartment building in East Hartford

Exclusively Listed By

  • Wes Klockner

    Managing Director Investments

    (203) 672-3326

    Email Wes

    License(s): NY: 10401263791, CT: RES, 0799478

    New Haven

  • Eric Pentore

    Senior Managing Director Investments

    (203) 672-3336

    Email Eric

    License(s): CT: RES. 0787525

    New Haven

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