Bedford Gardens

  • Title

    Multifamily Property

  • City

    Hartford, CT

  • Price

    $5,225,000

  • Cap Rate

    8.01%

  • Gross Leasable Area

    76,855 SF

  • No. Units

    84

  • Price/SF

    $67.99

  • Price/Unit

    $61,471

  • No. Stories

    3

  • Year Built

    1920

Not found amenities.

Northeast Private Client Group is pleased to present Bedford Gardens, an 85 unit fully renovated apartment complex located in Hartford, CT.

Bedford Gardens is a ten building portfolio that has a diverse mix unit mix. It features six (6) studios, thirty-seven (37) one-bedroom units, two (2) two bedroom units, nine (9) three-bedroom units, three (3) four-bedroom units, two (2) five bedroom units and twenty-five (25) town homes. The property was completely renovated in 2013 and features new windows, new individual gas fired hot water heaters and boilers, new kitchens with granite counters, new oak cabinets, new marble tiled floors, new bathrooms, and refinished hardwood floors. The property features 24 hour video surveillance and on site roving security.

Bedford Gardens is located 1.5 miles from Saint Francis Hospital and Medical Center, 1.2 miles form the I-84/I-91 intersection, and 1.3 miles from downtown.

Bedford Gardens provides a new owner the opportunity to acquire an apartment complex with a strong cashflow and no deferred maintenance. Existing management may be open to continuing to manage the property.

Hartford, Hartford County, CT

Bedford Gardens Offering Memo