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123-131 Clinic Dr
New Britain, CT 06051
Candlewood Apartments · Multifamily Property For Sale · 40 Units

PROPERTY FACTS

No. Units 40
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.66 AC
Building Size 51,928 SF
No. Stories 2
Year Built 1970
Parking Ratio 2.45/1,000 SF
Zoning A3

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Freezer

SITE AMENITIES

  • Courtyard

ABOUT 123-131 CLINIC DR , NEW BRITAIN, CT 06051

Candlewood Apartments consists of 40 two bedroom apartment units in two buildings sitting on an attractive +/- 1.66 acre site. The complex was recently improved with updated replacement windows, unit upgrades and common area improvements. Eighteen of the 40 units have been completely renovated with additional units having been partially upgraded. The renovated units include all new ceramic tile throughout kitchen, bathroom and closets with laminate wood flooring in bedrooms and living room. The kitchens offer new wood cherry cabinets, new countertops, some granite, glass tile backsplash, stylish appliances, self-clean oven and built in microwave. The bathrooms have been updated with new vanities and toilets. An incoming investor can benefit through continued unit upgrades and easily attain the already proven success the property has shown. Located in New Britain, close to the Kensington town line, Candlewood Apartments has excellent proximity to highway access, national retailers, entertainment and employment centers, making for an outstanding residential location. The location, combined with the condition of the property has kept Candlewood Apartments consistently occupied at or close to 100%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NBRI-000009D-000000-D000005
Land Assessment
$420,000
Improvements Assessment
$2,047,430
Total Assessment
$2,467,430
  • Listing ID: 5890412

  • Date on Market: 2/17/2017

  • Last Updated:

  • Address: 123-131 Clinic Dr, New Britain, CT 06051

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