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$4,320,000
Est. payment /mo
9 Beds
8 Baths
14,103 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 14,103 sqft
Price per Sqft $306
MLS Listing ID 24144944
Style Units on different Floors
Bedrooms 9
Full Baths 4
Half Baths 4
Year Built 1987
Annual Tax Amount $17,220
Lot Size 5.550 Acres
Property Sub-Type 5 Family+
Property Description
Pinecrest Apartments is a meticulously maintained 14-unit residential community situated on 5.5 acres in Woodstock, CT, reflecting clear pride of ownership, durable construction, and sustained tenant demand. Built in 1989, the property is 100% occupied and offers a highly desirable mix of 13 townhome-style units and one ranch-style residence. The unit mix includes: (2) 1BR/1BA, (9) 2BR/1.5BA, (1) 2BR/2BA, and (2) 3BR/1.5BA. Twelve units have been thoughtfully renovated with updated kitchens and baths, new flooring and paint, finished basements, and in-unit laundry-positioning the asset at the top of its market. Exterior features include white vinyl siding, newer windows, and a park-like backyard setting with private decks off each unit. Every residence offers an oversized private garage (two with attached garages), ample onsite parking, and private entrances. Additional amenities include four EV charging stations (eight plugs), centralized mailboxes, and a common dumpster serviced twice weekly. Operating efficiency is enhanced by tenant-paid electric baseboard heat and individual in-unit hot water heaters. This offering may be acquired individually or as part of a portfolio sale with the 14-unit asset, Brookside Apartments, allowing investors to achieve immediate scale, operational efficiencies, and long-term value growth. A truly turnkey, low-maintenance asset delivering stable occupancy and strong cash flow.
Location
State CT
County Windham
Rooms
Basement Partial, Storage, Partially Finished
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Exterior Feature Sidewalk, Porch, Lighting
Parking Features Detached Garage
Garage Spaces 14.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Lightly Wooded, Level Lot
Foundation Masonry
Sewer Septic
Water Private Well
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Listed by Lisa Cozzi • Century 21 AllPoints Realty
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