1030 Federal Rd
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1030 Federal Rd
30 Unit Apartment Building $8,428,080 CAD ($280,936 CAD/Unit) 5.38% Cap Rate Brookfield, CT 06804
Executive Summary
Tower Realty Corp. is pleased to present the Newbury apartments at 1030 Federal Road, Brookfield CT. Two buildings consisting of 15,804 Sq Ft with 20 Units completely renovated in 2024. The property is approved for 14 additional units, pool, pool house and gym. The building is comprised of 17 one-bedroom and 3 two-bedroom apartments with ample parking. These spacious units have new floors, fresh paint, granite countertops, stainless steel appliances and bright lighting. Parking lot was just paved with stripes. The property is situated in the middle new food emporium.
Property Facts
Price | $8,428,080 CAD | Apartment Style | Low Rise |
Price Per Unit | $280,936 CAD | Building Class | B |
Sale Type | Investment | Lot Size | 4.55 AC |
Cap Rate | 5.38% | Building Size | 16,964 SF |
No. Units | 30 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 2023 |
Property Subtype | Apartment |
Price | $8,428,080 CAD |
Price Per Unit | $280,936 CAD |
Sale Type | Investment |
Cap Rate | 5.38% |
No. Units | 30 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | B |
Lot Size | 4.55 AC |
Building Size | 16,964 SF |
No. Stories | 2 |
Year Built | 2023 |
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Smoke Detector
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PROPERTY TAXES
Parcel Number | BROO-000004C-000000-000010 | Improvements Assessment | $1,132,678 CAD |
Land Assessment | $937,231 CAD | Total Assessment | $2,069,908 CAD |
PROPERTY TAXES
Parcel Number
BROO-000004C-000000-000010
Land Assessment
$937,231 CAD
Improvements Assessment
$1,132,678 CAD
Total Assessment
$2,069,908 CAD
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1030 Federal Rd
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