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185 Canal St
Shelton, CT 06484
Merion Riverwalk · Multifamily Property For Sale
·
250 Units
PROPERTY FACTS
| No. Units | 250 | Building Size | 275,012 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2013 |
| Building Class | A | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 4.23 AC | ||
| Zoning | IB-2 | ||
| No. Units | 250 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 4.23 AC |
| Building Size | 275,012 SF |
| Average Occupancy | 97% |
| No. Stories | 4 |
| Year Built | 2013 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | IB-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Washer/Dryer
- Security System
- Ceiling Fans
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Views
- Walk-In Closets
- Carpet
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Clubhouse
- Fitness Center
- Picnic Area
- Property Manager on Site
- Grill
- Package Service
- Lounge
- Maintenance on site
- Sundeck
ABOUT 185 CANAL ST , SHELTON, CT 06484
CBRE has been retained as exclusive advisor in the sale of Avalon Shelton, a newer, Class A, 100% market rate, 250-home multifamily community offering attractive layouts and modern amenities that is strategically located between the employment centers of New Haven, Norwalk and Stamford, CT. Built in 2013, the community has original finishes in every home, providing the opportunity for a new owner to execute a value-add strategy through targeted upgrades to interiors that will enhance the already strong in-place investment returns. Situated in a pedestrian/transit centric location along the banks of the scenic Housatonic River in downtown Shelton, Avalon Shelton features a robust amenity package with spacious resident lounge, fitness center, leasing office and heated outdoor pool. Homes have open floorplans, gas heat and cooking, central air conditioning, spacious walk-in closets, intrusion alarms, and washer/dyers in every home, ideally suited to meet the demand of renters seeking luxury apartments.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 170 | - | 662 - 1,144 |
| 2+2 | 80 | - | 1,024 - 1,811 |
PROPERTY TAXES
| Parcel Number | SHEL-000129-000000-000019 | Improvements Assessment | $40,383,700 |
| Land Assessment | $3,500,000 | Total Assessment | $43,883,700 |
PROPERTY TAXES
