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Vernon Gardens 695 Talcottville Rd 152 Unit Apartment Building $18,404,933 CAD ($121,085 CAD/Unit) 3% Cap Rate Vernon, CT 06066
Investment Highlights
- needs alot of work
Executive Summary
1965
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $18,404,933 CAD | Building Class | B |
| Price Per Unit | $121,085 CAD | Lot Size | 31.23 AC |
| Sale Type | Investment | Building Size | 143,000 SF |
| Cap Rate | 3% | Average Occupancy | 84% |
| No. Units | 152 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1965/1975 |
| Property Subtype | Apartment | Parking Ratio | 2.45/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | 19 PRD - multifamily | ||
| Price | $18,404,933 CAD |
| Price Per Unit | $121,085 CAD |
| Sale Type | Investment |
| Cap Rate | 3% |
| No. Units | 152 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 31.23 AC |
| Building Size | 143,000 SF |
| Average Occupancy | 84% |
| No. Stories | 2 |
| Year Built/Renovated | 1965/1975 |
| Parking Ratio | 2.45/1,000 SF |
| Zoning | 19 PRD - multifamily |
Amenities
- Smoke Detector
Unit Amenities
- Microwave
- Heating
- Kitchen
- High Speed Internet Access
- Oven
Site Amenities
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 102 | $1,863 CAD | 400 - 795 |
| 1+1 | 26 | $1,933 CAD | 680 - 1,000 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | VERN-000007-000002-000004 | Total Assessment | $11,015,946 CAD |
| Land Assessment | $1,762,456 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $9,253,490 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
VERN-000007-000002-000004
Land Assessment
$1,762,456 CAD
Improvements Assessment
$9,253,490 CAD
Total Assessment
$11,015,946 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
Contact
-
Pete Gjelaj - Vernon Gardens LLC
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Vernon Gardens LLC
Vernon Gardens | 695 Talcottville Rd
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