Bell Court. Multifamily 22,750 SF. For more information: Carl Berman CCIM, MICP x307
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1 22,750 SF Bell Court Bell Court, East Hartford, Connecticut Property Features 25 Units within 4 Buildings in the Same Complexvailable Seller Financing Available 100% Leased Value Add Rent Potential Amenities Off street parking, basement For more information: Carl Berman CCIM, MICP x307 cberman@ Eric Blumenthal, MICP x207 eblumenthal@ NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. NAI Elite, LLC 901 Farmington Avenue, West Hartford, CT
2 Property Summary Sale Price: $1,800,000 Number Of Units: 25 Cap Rate: 7.49% NOI: $134,783 Lot Size: 0.0 Acres Building Size: 22,750 SF Ceiling Height: 8.0 FT Year Built: 1964 Zoning: Market: Hartford Sub Market: East Hartford Cross Streets: Burnside & Bell Court Property Overview 25 Unit Condo Package, Fully Rented and Turnkey. Seller financing available with 30% down payment. Location Overview Located across the river from the capital city, East Hartford, Connecticut is the fifth most populous city in Hartford County with just over 50,000 residents. East Hartford is easily accessible with multiple exits on Interstate-84 and 384 as well as Route 5 and just minutes off of I-91. The CT Transit bus line provides public transportation while the Hartford train station is also very close by. Pratt and Whitney is the leading employer in East Hartford as it is home to their headquarters. Rentschler Field, home of the University of Connecticut Football team, is also located in East Hartford and brings thousands of fans to the city for both games and events. East Hartford is home to a diverse selection of residents as well as successful businesses. Traffic Count: 1
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4 For Sale
5 Property Name: Property Address: Lot Size: Building Size: Building Class: Zoning: Bell Court Condos Bell Court East Hartford, CT Acres 22,750 SF C Parking Spaces: 100 Parking Ratio: 4.0 Year Built: 1964 Number Of Stories: 3 Foundation: Walls: Concrete Sheetrock Number Of Units: 25 Roof Asphalt Shingle
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7 For Sale
8 For Sale
9 Population 1 Mile 3 Miles 5 Miles TOTAL POPULATION 10,439 59, ,557 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) Households & Income 1 Mile 3 Miles 5 Miles TOTAL HOUSEHOLDS 3,918 23,741 57,559 # OF PERSONS PER HH AVERAGE HH INCOME $55,840 $65,903 $68,794 AVERAGE HOUSE VALUE $201,196 $224,087 $234,433 Race 1 Mile 3 Miles 5 Miles % WHITE 48.1% 56.5% 62.7% % BLACK 24.5% 19.1% 17.6% % ASIAN 8.0% 9.1% 7.0% % HAWAIIAN 0.0% 0.0% 0.0% % INDIAN 0.1% 0.2% 0.2% % OTHER 17.1% 12.6% 10.0% Ethnicity 1 Mile 3 Miles 5 Miles % HISPANIC 24.1% 20.9% 18.0% * Demographic data derived from 2010 US Census
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