Five High 5 Highland St 39 Unit Apartment Building For Sale West Hartford, CT 06119

Northeast Private Client Group is pleased to exclusively present Five High, a 39- unit value-add multifamily community located in West Hartford, Connecticut.
Five High is a brick, three- and four-story, elevatored, courtyard-style building consisting of a mix of 12 one bedroom, one bathroom apartments, 12 two bedroom, one bathroom apartments, and 15 two bedroom, one-and-a-half bathroom apartments with 42,447 square feet of gross building area set on 0.96 acres. The property was built in 1947, and since 2022 ownership has invested over $500,000 in capital improvements, including unit and common area upgrades, landscaping upgrades, and exterior upgrades.
Five High provides immediate access to Interstates 84 & 91, Connecticut Routes 2, 15 & 44, and Hartford’s Amtrak Train Station. The property is located within walking distance of many shopping, dining, and nightlife options on Farmington Avenue, within five minutes of West Hartford Center, and within 10 minutes of Downtown Hartford, providing residents with direct access to a multitude of work and play options. Additionally, Five High is surrounded by parks, universities, hospitals, arts and cultural options.
Five High presents an ideal opportunity for investors looking to acquire a stable asset with significant upside potential in an outstanding location and submarket with strong fundamentals. A new owner will have the opportunity to continue unit renovations to capture a proven renovation premium within the property, while marking existing rents to market levels, and gaining exposure to one of the most dynamic markets in the Northeast.