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1030 Federal Rd 30 Unit Apartment Building $8,143,800 CAD ($271,460 CAD/Unit) 5.38% Cap Rate Brookfield, CT 06804
Executive Summary
Tower Realty Corp. is pleased to present the Newbury apartments at 1030 Federal Road, Brookfield CT. Two buildings consisting of 15,804 Sq Ft with 20 Units completely renovated in 2024. The property is approved for 14 additional units, pool, pool house and gym. The building is comprised of 17 one-bedroom and 3 two-bedroom apartments with ample parking. These spacious units have new floors, fresh paint, granite countertops, stainless steel appliances and bright lighting. Parking lot was just paved with stripes. The property is situated in the middle new food emporium.
Property Facts
| Price | $8,143,800 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $271,460 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 4.55 AC |
| Cap Rate | 5.38% | Building Size | 16,964 SF |
| No. Units | 30 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | ||
| Zoning | C-GN | ||
| Price | $8,143,800 CAD |
| Price Per Unit | $271,460 CAD |
| Sale Type | Investment |
| Cap Rate | 5.38% |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 4.55 AC |
| Building Size | 16,964 SF |
| No. Stories | 2 |
| Year Built | 2023 |
| Zoning | C-GN |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Detector
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Property Taxes
| Parcel Number | BROO-000004C-000000-000010 | Improvements Assessment | $1,288,213 CAD |
| Land Assessment | $875,513 CAD | Total Assessment | $2,163,726 CAD |
Property Taxes
Parcel Number
BROO-000004C-000000-000010
Land Assessment
$875,513 CAD
Improvements Assessment
$1,288,213 CAD
Total Assessment
$2,163,726 CAD
Contacts
-
Mick Consalvo -
Michael Dimyan -
Joe Dimyan -
Thomas Consalvo -
Tower Realty Corporation
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1030 Federal Rd
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