1030 Federal Rd - Apartments FOR SALE


Brookfield, CT 06804
$6,000,000 USD
203-775-5000
1030 Federal Rd, Brookfield, CT for Sale
$6,000,000 USD
Apartments - FOR SALE
1/7
null | 5.38% Cap Rate

1030 Federal Rd
Brookfield, CT 06804


OVERVIEW

Tower Realty Corp. is pleased to present the Newbury apartments at 1030 Federal Road, Brookfield CT. Two buildings consisting of 15,804 Sq Ft with 20 Units completely renovated in 2024. The property is approved for 14 additional units, pool, pool house and gym. The building is comprised of 17 one-bedroom and 3 two-bedroom apartments with ample parking. These spacious units have new floors, fresh paint, granite countertops, stainless steel appliances and bright lighting. Parking lot was just paved with stripes. The property is situated in the middle new food emporium.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$354 USD /SF

# OF UNITS

30

PRICE/UNIT

$200,000

CAP RATE

5.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.55 AC

LAND SF

198,385 SF

ZONING

C-GN

APN/PARCEL ID

BROO-000004C-000000-000010

ASK ABOUT THIS PROPERTY

Mick ConsalvoTower Realty CorporationMore Info
203-775-5000

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Mick ConsalvoTower Realty CorporationMore Info
203-775-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.