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806-816 Farmington Ave

West Hartford, CT 06119

Sale Price:

$8,180,000

price

$8,1800,000

square feet

43,316

cap rate

4.92%

occupancy

97%

units

39

buildings

3

noi

$402,288

built

1928

description:

Sky Realty Group of Broder Commercial is pleased to present Clarendon Apartments perfectly located in one of the Northeast’s most desirable rental markets - West Hartford, Connecticut. Built in 1928, the property is comprised of three brick, Jacobean-style buildings consisting of 39 charming apartment units. 

The 3-story apartment complex offers 43,296 rentable square feet consisting of (13) 2 bedroom, 1 bath apartments | (6) 1 1/2 bedroom apartments, with the ½ room allowing for a small bedroom or office space | and (20) 1 bedroom apartments. Each spacious unit features high ceilings and hardwood floors, as well as fully renovated kitchens and bathrooms including cherry cabinets, quartz/granite counter-tops, porcelain tile and stainless steel appliances, all while maintaining the building's original charm. Additionally, every unit has a working, wood burning fireplace. Of the 39 apartments, 32 units have formal dining areas, 12 units have outdoor decks and 12 units have west-facing, outdoor screened decks. 

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Clarendon Apartments is perfectly situated within minutes from Interstate 84 and within seconds to West Hartford Center and Blue Back Square. The area is also located near the home of corporate giants, such as Aetna Insurance, Travelers Insurance, The Hartford Insurance Group, Hartford Healthcare and the St. Francis Hospital Complex. Downtown Hartford, located just a few blocks east of the property, offers quick access to employment. 

Named as one of the top 50 " Best Places to Live" in 2018, West Hartford was recognized for its quality of schools, diversity of the community, amenities, ease of living, crime rates, and median household income. 

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Clarendon Apartments, located on Farmington Avenue in West Hartford, is perfectly situated within seconds to the bustling and vibrant West Hartford Center and to the $180 million mixed-use development known as Blue Back Square and within minutes to Interstate 84. 

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The picturesque West Hartford Center and Blue Back Square continue to increase West Hartford's status as one of the regions best dining and shopping destinations. The 200 retailers located in "The Center" and "Blue Back Square" are best known for their fine specialty shops, award winning restaurants, one-of-a-kind boutiques, interior finishing stores, and other recreational attractions. Nationally renowned retailers such as Crate & Barrel, West Elm, and Barnes and Noble are just some of the notable occupiers. The West Hartford municipal buildings, public library, and other sources of employment are also located in this area. 

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West Hartford Center and Blue Back Square have contributed to the successful transformation of West Hartford into a hybrid city that blends the desirable attributes of urban areas while maintaining the benefits of New England's charming small town "feel."

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