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Bell Court, East Hartford, Connecticut 06108
For more information:
877 327 3755 x307 • [email protected] Berman CCIM, MICP
877 327 3755 x207 • [email protected] Blumenthal, MICP
Property Features
Amenities• Off street parking, basement
• 25 Units within 4 Buildings in the Same Complexvailable
• Seller Financing Available
• 100% Leased
• Value Add Rent Potential
• Condo Fee Includes Heat & Hot Water
• Great Access to Major Highways I-84 & RT 2
• Close to area shopping including Glastonbury Center
• Close to major employers Pratt & Whitney, Coca Cola &Cabellas.
• Minutes from Downtown Hartford
Bell Court
NAI Elite, LLC901 Farmington Avenue, West Hartford, CT 06119877 327 3755
NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OFTHE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS,OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE ORFINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONSIMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THECONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. naielite.com
For Sale
Multifamily22,750 SF
NAI Elite, LLC | 901 Farmington Avenue First Floor, West Hartford, CT 06119 | +1 877 327 3755
naielite.com
THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOTGUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE. BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE. WE DEEM RELIABLE. WE HAVE NOREASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED
Property Overview25 Unit Condo Package, Fully Rented and Turnkey. Sellerfinancing available with 30% down payment.
Location OverviewLocated across the river from the capital city, East Hartford,Connecticut is the fifth most populous city in Hartford Countywith just over 50,000 residents. East Hartford is easily accessiblewith multiple exits on Interstate-84 and 384 as well as Route 5and just minutes off of I-91. The CT Transit bus line providespublic transportation while the Hartford train station is also veryclose by. Pratt and Whitney is the leading employer in EastHartford as it is home to their headquarters. Rentschler Field,home of the University of Connecticut Football team, is alsolocated in East Hartford and brings thousands of fans to the cityfor both games and events. East Hartford is home to a diverseselection of residents as well as successful businesses.
Property Summary
For Sale
Multifamily
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: Multifamily
Market: Hartford
Sub Market: East Hartford
Cross Streets: Burnside & Bell Court
Traffic Count: 1
NAI Elite, LLC | 901 Farmington Avenue First Floor, West Hartford, CT 06119 | +1 877 327 3755
naielite.com
THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOTGUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE. BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE. WE DEEM RELIABLE. WE HAVE NOREASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED
For Sale
Multifamily
NAI Elite, LLC | 901 Farmington Avenue First Floor, West Hartford, CT 06119 | +1 877 327 3755
naielite.com
THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOTGUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE. BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE. WE DEEM RELIABLE. WE HAVE NOREASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED
For Sale
Multifamily
NAI Elite, LLC | 901 Farmington Avenue First Floor, West Hartford, CT 06119 | +1 877 327 3755
naielite.com
THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOTGUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE. BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE. WE DEEM RELIABLE. WE HAVE NOREASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED
Property Name: Bell Court Condos
Property Address: Bell Court
East Hartford, CT 06108
Lot Size: 0 Acres
Building Size: 22,750 SF
Building Class: C
Zoning: Multifamily
Parking Spaces: 100
Parking Ratio: 4.0
Year Built: 1964
Number Of Stories: 3
Foundation: Concrete
Walls: Sheetrock
Number Of Units: 25
Roof Asphalt Shingle
For Sale
Multifamily
NAI Elite, LLC | 901 Farmington Avenue First Floor, West Hartford, CT 06119 | +1 877 327 3755
naielite.com
THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOTGUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE. BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE. WE DEEM RELIABLE. WE HAVE NOREASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED
For Sale
Multifamily
NAI Elite, LLC | 901 Farmington Avenue First Floor, West Hartford, CT 06119 | +1 877 327 3755
naielite.com
THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOTGUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE. BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE. WE DEEM RELIABLE. WE HAVE NOREASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED
For Sale
Multifamily
NAI Elite, LLC | 901 Farmington Avenue First Floor, West Hartford, CT 06119 | +1 877 327 3755
naielite.com
THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOTGUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE. BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE. WE DEEM RELIABLE. WE HAVE NOREASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED
For Sale
Multifamily
NAI Elite, LLC | 901 Farmington Avenue First Floor, West Hartford, CT 06119 | +1 877 327 3755
naielite.com
THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOTGUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE. BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE DEEM RELIABLE. WE HAVE. WE DEEM RELIABLE. WE HAVE NOREASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED
* Demographic data derived from 2010 US Census
For Sale
Multifamily
Population 1 Mile 3 Miles 5 MilesTOTAL POPULATION 10,439 59,446 142,557
MEDIAN AGE 35.1 36.7 38.0
MEDIAN AGE (MALE) 33.2 35.5 36.8
MEDIAN AGE (FEMALE) 36.6 37.8 39.0
Households & Income 1 Mile 3 Miles 5 MilesTOTAL HOUSEHOLDS 3,918 23,741 57,559
# OF PERSONS PER HH 2.7 2.5 2.5
AVERAGE HH INCOME $55,840 $65,903 $68,794
AVERAGE HOUSE VALUE $201,196 $224,087 $234,433
Ethnicity 1 Mile 3 Miles 5 Miles% HISPANIC 24.1% 20.9% 18.0%
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%