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29 West St 14 Unit Apartment Building $3,500,000 ($250,000/Unit) 6% Cap Rate New Milford, CT 06776
Executive Summary
Northeast Private Client Group is pleased to present the exclusive listing of The Granary, a 14-unit multifamily property located in New Milford, Connecticut. The property offers a well-balanced unit mix of seven one-bedroom units, five two-bedroom units, and two two-bedroom townhome units, providing new ownership with diversified tenant appeal across household sizes and price points.
Property Facts
| Price | $3,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $250,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 6% | Building Size | 17,056 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1865 |
| Property Subtype | Apartment | ||
| Zoning | TLD - Town Landmark District | ||
| Price | $3,500,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 17,056 SF |
| No. Stories | 2 |
| Year Built | 1865 |
| Zoning | TLD - Town Landmark District |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | NMIL-000028-000004-000160 | Improvements Assessment | $592,760 |
| Land Assessment | $147,000 | Total Assessment | $739,760 |
Property Taxes
Parcel Number
NMIL-000028-000004-000160
Land Assessment
$147,000
Improvements Assessment
$592,760
Total Assessment
$739,760
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