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5 acres in Cheshire County, New Hampshire

35-39 Sugar Maple Lane, Chesterfield, New Hampshire 03462 - Cheshire County
$409,000 5 Acres
5909 Sq.Ft.
Property ID 2688229

Description

This seven apartment offering is truly +turnkey.+ New roof on both buildings, freshly painted last year, newer septic systems (two), and most apartments recently refurbished. Mechanicals all in good shape. Very low turnover rate-most renters have been in place 2-3 years or more. On a pre-tax basis typically generates about $40,000 of free cash flow for a cap-rate near 10%. With gross rents about $63,000 and everything done, this is unquestionably the best value in Cheshire County. Owner financing available for 20 years with 35% down.

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