Prime Development Opportunity – Fully Approved 24.5-Acre Lot for 174 Market-Rate Apartments This exceptional 24.5-acre parcel straddling the border of Vernon and Tolland, CT, is fully approved and entitled for a thoughtfully designed garden-style apartment community. With a total of 174 market-rate units, this project offers a seamless blend of 1-bedroom and 2-bedroom configurations, perfect for meeting the demand for modern, high-quality rental housing. Approved Unit Breakdown: 1-Bedroom Apartments: 48 units on the 1st and 2nd floors 36 units on the 3rd floor Total: 84 units 2-Bedroom Apartments: 54 units on the 1st floor 36 units on the 3rd floor Total: 90 units Total Units: 174 Location Highlights: 18 minutes to UConn 19 minutes to Hartford, CT 1 hour 20 minutes to Boston, MA See OM for demographic and traffic details Situated with easy access to major highways, employment centers, and renowned educational institutions, this site is ideal for renters seeking convenience and quality living. Investment Highlights Key Features: Fully approved development site – ready to build! Detailed site plan and approval documents available for review with signed NDA. Strategic location to meet high rental demand in the area. This is a rare opportunity to bring a pre-approved project to life in a sought-after location.