190 Pine Rock Avenue Hamden, CT 06514






























Description of 190 Pine Rock Avenue Hamden, CT 06514
We are pleased to present for purchase this 30-unit 120 bed student housing complex, located at 190 Pine Rock Avenue, Hamden, CT. The +/- 2.24 acre site is improved with 6 buildings, totaling +/- 60,417 square feet. The property is adjacent to Southern Connecticut State University (7,962 total undergraduate enrollment). The apartments are townhouse style comprised of 4 bedrooms, 3 full bathrooms, 2-car garage and 2-car driveway. The units are fully furnished including kitchen appliances, washer and dryer. The property was developed in 2012, zoned as a student housing deal and has been well-occupied since inception. Projected gross income for 2021-2022 is +/- $1,044,000 and will generate a projected Net Operating Income (NOI) of +/- $645,000 = 7.3% CAP Rate.
- Commercial
- MLS Number:
- 170358697
- Status:
- ACTIVE
- Price:
- $8,800,000
- Monthly Payments:
- $44,588/mo
- Bedrooms:
- 0 bed
- Bathrooms:
- Size:
- 60417 sqft, 2.24 acre
- Built:
- 2012
- Listed Days:
- 91 day(s) ago
- Taxes:
- $ 258,388
- Garage Size:
Map of 190 Pine Rock Avenue Hamden, CT 06514
Features of 190 Pine Rock Avenue Hamden, CT 06514
- Alt Sqfeet : Total square feet: 60417
- Building Sq Ft : 60417
- Total Units : 30
- Construction Desc : Frame exterior
- Garage Desc : Attached garage
- Heating Cooling Desc : Electric heat
- Lot Desc : Level lot
- Lot Size Acres : 2.24
- Lot Sq Ft : 2962080
- Zoning : Student Housing
- County Code : New Haven
- Ob Property Type : Commercial
- Property Type Desc : Commercial
- Tax Amount : 258388
- Transaction Type : Sale
- Roof Desc : Asphalt roof
- Water Sewer Desc : Public sewer
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