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Property profile & analytics
OFF-MARKET Estimated value $3,315,000
Apartment buildings

1197 Nn Aveb Burlington, VT 05408-2796

34,914 SF 2.22 ac lot Built 2012
Entity Owned Absentee Owner Free & Clear
Property ID
US89-0298641
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2012
Construction FRAME
Total area 34,914 SF
Lot 2.22 ac (96,703 SF)
Zoning code NAC
APN (035) 028-4-007-002
UPID US89-0298641
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.32M
Owner & transaction history
TSH TWO LIMTD PRTNRSHP
TSH TWO LIMTD PRTNRSHP
Zoning & alternative use
NAC · Burlington, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

housing and other non-residential uses on upper stories. The exception to this is the NAC - Cambrian Rise district that is intended to be more residential in nature than the other Neighborhood Mixed Use districts and thereby is expected to incorporate residential uses at the street level. Development is intended to be pedestrian -oriented with buildings orie…

Zone name Neighborhood Activity Center
General category RESIDENTIAL
Zone area 59.83 ac
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