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The Executive Portfolio 3 Multifamily Properties Offered at $16,875,000 in Hartford, CT
EXECUTIVE SUMMARY
The Executive Portfolio consists of three multifamily buildings in Hartford’s Asylum Hill neighborhood. Family-owned for 23 years, the properties include 179 units: 31 studios, 129 one-bedrooms, and 19 two-bedrooms. The portfolio has historically maintained strong occupancy and offers upside through continued rent growth and value-add improvements.
The buildings are well maintained, with recent capital work. Executive House received modernized elevators, a new hot-water boiler, updated hallway flooring, and a replaced main electrical breaker system. The Sylvia Apartments underwent a full renovation, including new mini-split HVAC, roofing, electrical and plumbing systems, and entirely updated interiors.
Overall, the Executive Portfolio presents a well-located, cash-flowing multifamily asset with strong physical condition, modernized units, and additional value-add potential—positioning it as an attractive investment in the Hartford market.
Please reach out to the office for additional information.
The buildings are well maintained, with recent capital work. Executive House received modernized elevators, a new hot-water boiler, updated hallway flooring, and a replaced main electrical breaker system. The Sylvia Apartments underwent a full renovation, including new mini-split HVAC, roofing, electrical and plumbing systems, and entirely updated interiors.
Overall, the Executive Portfolio presents a well-located, cash-flowing multifamily asset with strong physical condition, modernized units, and additional value-add potential—positioning it as an attractive investment in the Hartford market.
Please reach out to the office for additional information.
PROPERTY FACTS
| Price | $16,875,000 | Number of Properties | 3 |
| Price / SF | $122.08 / SF | Individually For Sale | 0 |
| Cap Rate | 7.70% | Total Building Size | 138,230 SF |
| Sale Type | Investment | Total Land Area | 1.97 AC |
| Status | Active |
| Price | $16,875,000 |
| Price / SF | $122.08 / SF |
| Cap Rate | 7.70% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 138,230 SF |
| Total Land Area | 1.97 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Midtown Apartments
950 Asylum Ave, Hartford, CT 06105 |
Multifamily | 64,518 SF | 1965 | - |
|
Executive House Apartments
1021 Asylum Ave, Hartford, CT 06105 |
Multifamily | 62,408 SF | 1970 | - |
|
Sylvia Apartments
862 Asylum Ave, Hartford, CT 06105 |
Multifamily | 11,304 SF | 1966 | - |
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