Ski Country Real Estate - Killington VT
Rutland City
$435,000
5
Bdrms
5
Baths
2,936
Ft2
7,405.00
Lot Size
Immaculate, renovated, 100% occupied, high cash-flow 5 unit multi-family, priced to sell at an “as is” 11% cap. The building has been professionally managed with no deferred maintenance and is in mint condition. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers. This allows a new owner to realize significant returns from cash-flow vs speculation. With a Net Operating Income of $50K, this fully occupied property has a diverse unit mix of studios, 1br and 2br apartments - allowing it to appeal to a broad range of residents, and the property is rarely vacant. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire real estate ahead of the historic multibillion dollar development occurring nearby at Killington, which, combined with rapidly falling rates, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property
Call Ski Country today For more information call one of our Agents today at Ski Country Real Estate at 1(800) 877-5111.
MLS #
5013866
Bedrooms
5
Baths
5
Ft2
2,936
Lot Acres
7,405.00
Tax
$4,808
Year Built
1884
Heat
Baseboard
Fuel
Oil
Roof
Shingle - Asphalt
MLS #: 5013866
46 Summer
Rutland City, Vermont 05701
United States
Category: Multi-Family
Name Location Type Distance
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Ski Country Real Estate

(800) 877-5111
335 Killington Road
Killington, VT 05751
(802) 775-5111 (P)
(802) 773-4671 (F)
Info@SkiCountryRealEstate.com

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