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Cherry Street Portfolio 2 biens • À vendre 9 631 848 $ CAD • Milford, CT



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Strong residential and medical demand in a supply-constrained market
- Long-term 20+/- year medical tenant provides consistent income
- Medical and Multifamily mix of stability and value-add potential with inflation protection tenancy
- Residential rents approximately 18% below market
RÉSUMÉ DE L'ANNONCE
Metro 202–204 Cherry is a premier 23,142-square-foot mixed-use property featuring two well-maintained buildings that combine medical office and multifamily residential space in a highly desirable location. The property benefits from a long-standing medical tenancy providing stable, predictable income, complemented by a diversified residential component offering strong rent growth potential. Situated within a supply constrained residential market, the asset provides investors with a rare opportunity to acquire a proven, income-generating property with value-add and inflation-protected upside through rent optimization and continued strong demand for housing and medical services in the Milford metro market.
Metro 202–204 Cherry is a premier 23,142-square-foot mixed-use property consisting of two well maintained buildings that combine medical office and multifamily residential space in a highly desirable location. The first building, totaling 11,279 square feet, is occupied by a single NNN tenant medical group that has operated at the property for over 20 years, providing exceptional income stability and long-term tenancy. The second building, encompassing 11,863 square feet, built in 1999 includes approximately 1,700
square feet of fully leased professional office space and 14 one-bedroom apartment units. The Apartment units are a generous 900 SQFT One Bedroom 1 Bathroom with hardwood floors, oven, stove, dishwasher, microwave, in-unit laundry, A/C, and on-site parking.
Metro 202–204 Cherry is a premier 23,142-square-foot mixed-use property consisting of two well maintained buildings that combine medical office and multifamily residential space in a highly desirable location. The first building, totaling 11,279 square feet, is occupied by a single NNN tenant medical group that has operated at the property for over 20 years, providing exceptional income stability and long-term tenancy. The second building, encompassing 11,863 square feet, built in 1999 includes approximately 1,700
square feet of fully leased professional office space and 14 one-bedroom apartment units. The Apartment units are a generous 900 SQFT One Bedroom 1 Bathroom with hardwood floors, oven, stove, dishwasher, microwave, in-unit laundry, A/C, and on-site parking.
FAITS SUR LA PROPRIÉTÉ
| Prix | 9 631 848 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 371,64 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 5,97% | Taille totale du bâtiment | 25 917 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 1,24 AC |
| Statut | Actif |
| Prix | 9 631 848 $ CAD |
| Prix/pi² | 371,64 $ CAD / pi² |
| Taux de capitalisation | 5,97% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 25 917 pi² |
| Superficie totale du terrain | 1,24 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 202 Cherry St, Milford, CT 06460 | Bureau | 10 944 pi² | 1973 | - |
|
Metro 204
204 Cherry St, Milford, CT 06460 |
Immeuble residentiel | 14 973 pi² | 1999 | - |
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Présenté par
Capitalize 360 Group LLC
Cherry Street Portfolio
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