7 condo portfolio, owner of this portfolio is the largest owner in the condo association. Current owner owns about 17% of the units in the association, all of which have a strong history of being rented to UCONN students as the property is right next to UCONN in Storrs, CT. Will be 100% occupied by September. Great value add property for someone looking to buy this portfolio and then buy out the entire association. Current mortgage can be transferred to the buyer with a 4.25% interest rate (balance on mortgage is about $975k).
9,800 Sq Ft
Commercial
Built in 1987
MLS/Listing ID 170591297
Listing Courtesy of GROUP REALTY LLC, ZACH PRANGER - 203-751-1390
Source of Data: SMART MLS