87 Ruby Rd
Willington, CT 06279
Deer Park Apartments · Multifamily Property For Sale · 45 Units

Deer Park Apartments is a 45-unit apartment complex located in Willington, Connecticut. The property is comprised of two three-story frame buildings constructed in 1972. The unit mix consists of 10 one-bedrooms and 35 two-bedroom units in a beautiful park-like setting on 23 acres. The well-maintained property features central oil-fired heat and hot water with 2 new Buderus boilers installed in 2015. The updated units feature wall-to-wall carpeting, dishwasher, ceiling fans in the master bedroom, air conditioners, and the property features a bike room, on-site laundry in each building, and ample off street parking. Bathrooms have tiled floors with vanities and kitchens have attractive vinyl floorings. Storage units are available for each apartment. Many upgrades have been installed over the past several years including all new windows, updated energy efficient lighting, added insulation, carpet, cabinet and counter updates and appliances. The property is located in an attractive rural setting with access to I-84 within several miles offering a convenient commute into the Hartford County employment market and southern Massachusetts. Deer Park Apartments is approximately seven miles from the University of Connecticut campus in Mansfield, with an enrollment of over 19,000 graduate and undergraduate students, UCONN continues to be a driving force in the rental market with an inadequate supply of sufficient housing. The University continues to provide demand with a growing enrollment and adds to the stability and growth in this market. Nearby is a FedEx facility. It is anticipated that a new owner will benefit from the quality of this location, strong apartment demand, low multifamily inventory within the market, and with continued rental growth potential.