RECENTLY CLOSED TRANSACTIONS

Sunset Terrace 

Essex, CT

19 Units

$2,100,000

Sunset Terrace Apartments is a stunning property in an outstanding location consisting of 19 units. The unit mix includes 1 studio, 14 one-bedroom apartments, and 4 two-bedroom apartments all in three buildings. One of the key highlights of this property is its prime location, nestled in close proximity to Essex’s historic village center as well as having convenient access to Route 9. This location provides the quintessential New England shoreline living environment with a town village that pre dates the Revolutionary War, while being a short commute to the surrounding employment centers by either Route 9 or I-95.

Essex has only limited multifamily apartments, this, together with employment/business developments within Southeastern CT continue to benefit the area rental market and therefore occupancy for Sunset Terrace Apartments, which is at or near 100% on a continued basis.