This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
10 Clapboard Ridge Rd
Danbury, CT 06811
Ridgeway Place · Multifamily Property For Sale
·
192 Units
PROPERTY FACTS
| No. Units | 192 | Building Size | 275,475 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1971/2018 |
| Building Class | B | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 10.51 AC | ||
| Zoning | RMF4 | ||
| No. Units | 192 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 10.51 AC |
| Building Size | 275,475 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1971/2018 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | RMF4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Furnished Units Available
- Grill
- Package Service
- Storage Space
- Lounge
- Maintenance on site
- Sundeck
ABOUT 10 CLAPBOARD RIDGE RD , DANBURY, CT 06811
CBRE has been retained as exclusive advisor in the sale of Hillcroft Village in Danbury, CT. The property offers significant value-add potential as 66% of the apartments remain to be renovated, providing the opportunity to upgrade interiors and significantly grow revenue. Current ownership has already renovated 34% of the units, which generated a 31% ROI. The property also benefits from a newly expanded clubhouse, fitness center and leasing office in addition to other capital investments throughout the property.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | 500 |
| 1+1 | 94 | - | 850 - 860 |
| 2+2 | 82 | - | 1,100 - 1,150 |
| 3+2 | 12 | - | 1,272 |
PROPERTY TAXES
| Parcel Number | DANB-000012H-000000-000003 | Improvements Assessment | $17,719,030 |
| Land Assessment | $6,504,260 | Total Assessment | $24,223,290 |
PROPERTY TAXES
