Northeast Private Client Group is pleased to present the exclusive opportunity to purchase The Colchester Estates in Colchester, Connecticut. This property consists of ninety-two (92) two-bedroom/one bathroom units. These ninety-two (92) units span 81,227 square feet. The offering is located on one (1) 26.44 acre parcel.
Over the past five years, the property has benefited from a complete redevelopment. Work includes
bringing all apartments to a renovated status. Which include hardwood flooring, shaker cabinetry, stone
countertops, new appliances, tiled bathrooms, and more. The exterior improvements include new roofs,
hardscaping, landscaping, basketball court and picnic area, playground, dog parks, gated entry,
mailboxes, doors, EV charging stations, and asphalt repairs. Systems upgrades include new wells and
water treatments systems, septic systems, generators, and an oil sub-metering system to bill tenants for their heating usage.
Additional work completed by current and previous ownership includes new water system and wells, new septic system, new hardscaping, new landscaping and picnic areas, new EV charging stations, new mail center, and new gated parking.
Strategically located 2-miles away from Rt. 2, in the town of Colchester, the Property benefits from being in easy commuting distance to Hartford and Lower New London County. Colchester's Town Center, only 2.5 miles away, offers a great destination for residents to enjoy restaurants and shops.