Atwood Court Apartments

  • Title

    Multifamily Property for Sale

  • City

    Watertown, CT

  • Price

    $1,950,000

  • Cap Rate

    7.3%

  • Gross Leasable Area

    16,300 SF

  • No. Units

    28

  • Price/SF

    $119.63

  • Price/Unit

    $69,643

  • Year Built

    1900

  • Lot Size

    1.06 AC

Not found amenities.

Northeast Private Client Group is pleased to present the Atwood Court Apartments, a 28 unit multifamily portfolio located in Watertown, Connecticut.

The Atwood Court Apartments are comprised of 8 multifamily buildings adjacent to one another. Tenants are responsible for their own gas heat and hot water, as well as electric expenses. The portfolio breaks down as follows:

805 Main St: 1-one bed & 2-three bed apartments

28 Atwood Court: 1-one bed & 2-two bed apartments

38 Atwood Court: 2-one bed, 1-two bed & 1-three bed apartments

48 Atwood Court: 2-one bed, 1-two bed & 1-three bed apartments

58 Atwood Court: 2-one bed, 1-two bed & 1 three-bed apartments

68 Atwood Court: 2-one bed & 2-three bed apartments

15 Pythian Ave: 2-one bed & 1-two bed apartments

20 Pythian Ave: 1=one bed, 1-two bed & 1-three bed apartments

The properties have undergone significant capital improvements throughout the duration of ownership including new roofs, new vinyl siding, windows and electrical upgrades. Tenant amenities include ample off street parking and an on-site laundry facility. The property offers a new owner a value add opportunity through raising rents to market levels throughout.

Watertown, Litchfield County, CT

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