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...
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.
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.
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