98 Courtland Circle

Stamford, CT 06902

Sale Price:

$2,200,000

98 courtland
98 courtland

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98 courtland
98 courtland

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price

$2,200,000

square feet

14,124

cap rate

5.3%

occupancy

100%

units

6

buildings

1

noi

$116,600

built

1972

description:

Sky Realty Group of Broder Commercial is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 98 Courtland Circle Stamford, Connecticut.  The building consists of 6 townhouse style apartments, totaling 10,700 square feet of gross living area on 0.34 acre lot.  

The well-maintained property features six (6) three bedroom, 2.5 bathroom townhouse style apartments.  The updated apartments each have their own fireplace and hardwood floors throughout.  Many upgrades have been added in the last year, including new bathrooms, brand new roof and gutters, and new outside decks for each of the apartments. The apartments are separately metered and there is ample off-street parking.

 

The property is located in a quiet, residential neighborhood less than 2 miles from vibrant, downtown Stamford, less than one mile from Interstate 95 and 2 miles away from  the Metro-North Stamford Train Station.

 

It is anticipated that a new owner will benefit from the quality of this location, strong apartment demand, low multifamily inventory within the market, and with continued rental growth potential.

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