MLS Number 4660643
- Year Built 1803
- Acreage 3.2
8 unit (1 and 2 BR) apartment building in outstanding location, both for proximity to Stowe, ski area and Morrisville, as well as pastoral setting with large private rear lawn facing Mt Mansfield across the Little River. Tenant list very stable and in high demand. Cap rate at current rental rates (below market) 8%. Projected cap rate at market-adjusted rental rates = 9%!
Listed by George Nelson of Pall Spera Company Realtors-Stowe