5 Brookside Ln - Apartments FOR SALE


Woodstock, CT 06281
$2,840,000 USD
860-508-2102
5 Brookside Ln, Woodstock, CT for Sale
$2,840,000 USD
Apartments - FOR SALE
1/40
null | 6% Cap Rate

5 Brookside Ln
Woodstock, CT 06281


HIGHLIGHTS

  • Exceptional pride of ownership is evident in this rare opportunity to acquire a 14-unit multifamily asset that is 100% occupied

OVERVIEW

Lisa Cozzi of The Lisa Cozzi Team is proud to offer this exceptional pride of ownership is evident in this rare opportunity to acquire a 14-unit multifamily asset in Woodstock, CT, with the option to combine with an additional 14 units at Pinecrest Apartments for portfolio sale. Built in 1987, the property features tenant-paid utilities with individual hot water heaters and electrical subpanels in every unit-supporting efficient operations and strong, consistent cash flow. The asset consists of 13 townhouse-style units and one garden unit with an attractive unit mix: (4) 1BR/1BA, (4) 1BR/1.5BA, (2) 2BR/1BA, and (4) 2BR/1.5BA. Ownership has invested significant capital upgrading units with premium finishes including granite countertops, shaker cabinetry, modern backsplashes, wide-plank flooring, and stainless-steel appliances. Tenant amenities include one garage per unit, ample off-street parking, private porches, built-in wall A/C sleeves, and four EV charging stations (8 plugs). Eight units offer in-unit washer/dryer hookups; remaining units are served by newly installed coin-operated laundry. Five storage units are located in the common laundry area, three of which present additional income potential. Strong occupancy, extensive capital improvements, and a low-maintenance operating profile make this a turn-key investment offering durable returns and long-term upside. Please do not visit the asset without the Listing Agent. No Seller Financing. Buyer needs to have POF for acquisition or POF for down payment.

FOR SALE DETAILS

PRICE

$2,840,000 USD

PRICE/SF

$676 USD /SF

# OF UNITS

14

PRICE/UNIT

$202,857

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brookfield Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

R

APN/PARCEL ID

WOOD-005779-000055-000034-300000

ASK ABOUT THIS PROPERTY

Lisa CozziThe Cozzi TeamMore Info
860-508-2102

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Lisa CozziThe Cozzi TeamMore Info
860-508-2102

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