RECENTLY CLOSED TRANSACTIONS

Vernon Pines Apartments

Vernon, CT

72 Units

$5,475,000

This residential community is located on spacious, wooded and attractive grounds on +/- 10 acres of land. With excellent access to everything the greater Hartford County area has to offer, Vernon not only offers an excellent community in which to live, but also to invest. Vernon Pines is approximately 1/2 mile from Interstate 84 and within 20 minutes to Hartford, CT. The attractive residences at Vernon Pines offer 42 one bedroom and 31 two bedroom apartment units with electric tenant paid utilities within 12 two story buildings. Coin operated washer and dryers are located onsite as well as a leasing office and seasonal pool. Ample onsite parking is also available. Significant upside potential in rental income is available to an incoming purchaser with cosmetic upgrades to the units and common areas.