MULTI-FAMILY FOR SALE
UNDISCLOSED
6,144 SF
31 Rapallo Avenue
31 Rapallo Avenue, Middletown, CT 06457, United States
Offering Summary
Property Type
User Type
Building Size
No. Buildings
Free Standing
Stories
No. Units
Property Description
Multi-Family
any
6,144 SF
1
Yes
3
8
Highlights
8 Unit , 3-story building. The building has 2 1BD, 3 2BD, and 2 3BD apartments and
1 retail space (stand alone). Tenant pays all utilities. 6 car garage brings extra
rental income (not included in NOI) 100% occupied. Tour of property scheduled by
appointment only on December 1st, 2nd, or 3rd from 9am-12pm. SECONDARY
FINANCING OFFERED (15% TOWARDS DOWNPAYMENT) for qualified buyers
AND will help finance through third party (75-85% of appraisal value) Seller's willing
to sell as whole portfolio for a discount. All offers due December 16, 2015.
Tenant Pays All Utilities
Flat Roof, 4 years
Mechanical Systems 7-10 years
Area Description
South of Wilcox Island.
Andrew Newberg
Davenport Properties, LLC
+1 (646) 644-3308
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This publication contains proprietary information subject to the rights of RealNex and its users as established in the
RealNex Terms and Conditions, as amended from time to time. Any use, distribution or duplication of this
information beyond that allowed in the Terms and Conditions is prohibited. RealNex assumes no responsibility for the
accuracy of this information. It is the user’s responsibility to verify all information contained herein with the
listing broker.
MULTI-FAMILY FOR SALE
UNDISCLOSED
6,144 SF
31 Rapallo Avenue
31 Rapallo Avenue, Middletown, CT 06457, United States
Andrew Newberg
Davenport Properties, LLC
+1 (646) 644-3308
Brought to you by
This publication contains proprietary information subject to the rights of RealNex and its users as established in the
RealNex Terms and Conditions, as amended from time to time. Any use, distribution or duplication of this
information beyond that allowed in the Terms and Conditions is prohibited. RealNex assumes no responsibility for the
accuracy of this information. It is the user’s responsibility to verify all information contained herein with the
listing broker.
MULTI-FAMILY FOR SALE
UNDISCLOSED
6,144 SF
31 Rapallo Avenue
31 Rapallo Avenue, Middletown, CT 06457, United States
POPULATION
1 MILE
3 MILES
5 MILES
Total Population
Female Population
Male Population
12,317
6,409
5,908
42,692
22,117
20,575
75,134
38,566
36,568
HOUSEHOLDS & INCOME
1 MILE
3 MILES
5 MILES
Housing Units
Median Income
Household Income < 100k
100k > Household Income < 200k
Household Income > 200k
4,678
35,316
3,932
445
99
18,405
59,258
13,257
3,235
595
33,321
70,664
22,023
7,531
1,486
Andrew Newberg
Davenport Properties, LLC
+1 (646) 644-3308
Brought to you by
This publication contains proprietary information subject to the rights of RealNex and its users as established in the
RealNex Terms and Conditions, as amended from time to time. Any use, distribution or duplication of this
information beyond that allowed in the Terms and Conditions is prohibited. RealNex assumes no responsibility for the
accuracy of this information. It is the user&#8217;s responsibility to verify all information contained herein with the
listing broker.