High cash flow 100% occupied 8 unit located in downtown Brattleboro. This property was recently renovated and is being listed at a 11% cap and an annual Net Operating Income estimated at north of ~$80K (12% cap without management fees). The property features an attractive mix of unit types and sizes including 4x rarely available oversized 3br, 2x2br and 2x1br A new owner can step into to this turnkey investment, projected to yield a ~19% cash on cash return starting year 1 based on current numbers. This allows an investor to realize returns from cash-flow vs speculation. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 8-plex in the heart of vibrant and growing Brattleboro at an attractive valuation. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.
Construction: Wood Frame
Year Built: 1900
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 6576
Above Grade Sq.Ft.: 4932
Basement: Unfinished
Foundation: Stone
Roof: Membrane
Seasonal: Unk
Heating: Oil
Cooling: None
Electric: 200 Amp
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Land Information
In Town
Lot size: 0.09 acres
Zoned: MU)
Surveyed: Unk
Flood Zone: No
Road Frontage: 63
Driveway: Gravel