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2 Mansfield City Rd
Mansfield Center, CT 06250
Potential 231 Unit multi-family development · Land For Sale · 41.00 AC

Investment Highlights

  • High demand for student housing.
  • Total parking spaces provided 468
  • 41 Acre land.

Executive Summary

41+/- acres on the corner of Mansfield City Road and Pleasant Valley Road, and abutting Eastern Connecticut State University Athletic fields. Nearby retail, downtown Willimantic and just 10 minutes to the University of Connecticut.
Conceptual plan for 231 units in 11 buildings with conservation easement and open space for passive recreation. Public Water and Sewer available, nearby bus stop for WRTD. High demand for student housing in the market!
Enrollment Undergrad Graduate
ECSU 5,832 4,300 1,000
UCONN 32,182 19,241 7,098

Property Facts Under Contract

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 41.00 AC
Zoning PVRA - (Pleasantview Recreational Association) - an organization related to recreational activities

1 Lot Available

Lot

Price $3,698,217 CAD
Price Per AC $90,200.41 CAD
Lot Size 41.00 AC
  • Listing ID: 15453266

  • Date on Market: 2019-03-15

  • Last Updated:

  • Address: 2 Mansfield City Rd, Mansfield Center, CT 06250

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