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Rockey Corner 58 Old Amity Rd 22 Unit Apartment Building $6,500,000 ($295,455/Unit) Bethany, CT 06524
EXECUTIVE SUMMARY
Presenting a rare investment opportunity in Bethany, CT. This R-130 zoned, bank-owned property includes 22 completed townhomes, with approvals in place for three additional homes and the potential to develop three more on the approved clubhouse site. Additionally, the property holds approvals for eight more units, offering strong upside potential.
With infrastructure already in place, this development is primed for expansion. Investors will appreciate the flexibility to operate the property as a multifamily rental community or convert it into a condominium complex with an established association.
Whether you're seeking long-term rental income or a for-sale condo strategy, 58A Old Amity Rd presents a ready-to-go opportunity for growth and profitability.
With infrastructure already in place, this development is primed for expansion. Investors will appreciate the flexibility to operate the property as a multifamily rental community or convert it into a condominium complex with an established association.
Whether you're seeking long-term rental income or a for-sale condo strategy, 58A Old Amity Rd presents a ready-to-go opportunity for growth and profitability.
PROPERTY FACTS
| Price | $6,500,000 | Apartment Style | Townhome |
| Price Per Unit | $295,455 | Building Class | C |
| Sale Type | Investment | Lot Size | 6.67 AC |
| No. Units | 22 | Building Size | 22,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2018 |
| Zoning | R-130 - Residential | ||
| Price | $6,500,000 |
| Price Per Unit | $295,455 |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 6.67 AC |
| Building Size | 22,000 SF |
| No. Stories | 2 |
| Year Built | 2018 |
| Zoning | R-130 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
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Rockey Corner | 58 Old Amity Rd
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