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Heritage Commons 38 Boston Rd 89 Unit Apartment Building $13,000,000 ($146,067/Unit) Middletown, CT 06457
Executive Summary
89 Residential units spanning from One Bedroom to Studio all the way to Super Suites.
Property Facts
| Price | $13,000,000 | Building Class | B |
| Price Per Unit | $146,067 | Lot Size | 3.05 AC |
| Sale Type | Investment | Building Size | 92,501 SF |
| No. Units | 89 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1988 |
| Apartment Style | Mid-Rise | ||
| Zoning | MX - Commercial | ||
| Price | $13,000,000 |
| Price Per Unit | $146,067 |
| Sale Type | Investment |
| No. Units | 89 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 3.05 AC |
| Building Size | 92,501 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1988 |
| Zoning | MX - Commercial |
Amenities
Site Amenities
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Security System
- Planned Social Activities
- Meal Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | - | 509 |
| 1+1 | 58 | - | 627 - 676 |
| 2+1 | 16 | - | 900 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | MTWN-000014-000000-000102 | Improvements Assessment | $3,531,770 |
| Land Assessment | $1,869,000 | Total Assessment | $5,400,770 |
Property Taxes
Parcel Number
MTWN-000014-000000-000102
Land Assessment
$1,869,000
Improvements Assessment
$3,531,770
Total Assessment
$5,400,770
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Heritage Commons | 38 Boston Rd
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