Property Details

Overview

• Name: 49 Great Hill Rd - Stephen B Church Building
• Town: Oxford
• Street: 49 Great Hill Rd
• ZIP: 06478
• Description:

  Investment Property  For Sale  –  $1,250,000.00 

    8,672 +/- SF  Office / 2  with Apartments – Multiple Barns and Sheds  totaling 12,760 SF  on 3.91 +/- Acres

    NOI $109,266.80 with   – 2.5% yearly increases – Sale Price give the property a 8.74 % cap rate

    The major tenant is Weston & Sampson, who purchased the assets of The Stephen B Church Company at the end of  

  2018.   The Stephen B Church Company specializes in drilling high capacity municipal water supply systems, and has been at

    this location for over 100 yrs . Weston & Sampson is a engineering firm and also a specialty trade construction company, with

    over 700 employees,  23  corporate locations and operations throughout the east; so it made sense to bring it under their

    corporate umbrella to augment their client base and range of services.   

    There are 6+ years remaining on the Weston & Sampson Lease. It is anticipated that they will be willing to renew the lease.

  1. The property location is very convenient and accessible to the local highly skilled work force;
  2. The size of the yard, shop, and buildings permit storage of equipment, tools, inventory,  and job supplies;
  3. The modest local property taxes; 4. The property is convenient to major east-west and north-south major highways, 

    minimizing travel time to jobsites, and all of the buildings are structurally sound and in great shape. 

     

  The property is surround the founders Mansion ( shown in the aerial only)