MLS Number 4875516
- Units 13
- Acreage 0.96
- Square Feet 8,832
Unique 13 unit apartment complex located at Chipman Park in the center of Middlebury. Three separate buildings consisting of a mix of 1, 2 & 3 bedroom apartments. This turn-key opportunity for the smart investor yields an attractive cap rate, low maintenance buildings and excellent occupancy history. Owned and impeccably maintained by the current owner for over 40 years. This is a rare opportunity to purchase this complex that is located just off the Middlebury College campus and blocks to the center of Town. Solid CAP rate and never any vacancy.
Listed by Kara Koptiuch and Bryce Gilmer of Vermont Real Estate Company