Hartford Multifamily Investment
For Sale
Contact for pricing
Pending
1021 Asylum Ave, Hartford, CT 06105
Well-maintained 179-unit portfolio in Hartford's Asylum Hill neighborhood.
Property SizeContact for details
Days on Market194
Property Features for 1021 Asylum Ave
General Information
Standard status
Pending
Total Parking Spaces
101
Property subtype
Multifamily
Building Details
Year Built
1970
Year Renovated
1993
Buildings
3
Units
179
Listing Agency:
Chozick Realty Inc
Listed By:
Jordan Pinto · License #0802450
Source:
Crexi
Added: Feb 7
Changed: Aug 11
Last Checked: Aug 18 at 7:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chozick Realty Inc
Investment Insights
Based on property information with market context.
The Executive Portfolio features three multifamily buildings in Hartford's Asylum Hill neighborhood. Family-owned and operated for 23 years, the portfolio consists of 179 units, with a mix of 31 studios, 129 one-bedroom units, and 19 two-bedroom units. The properties have been well maintained, with significant capital improvements completed across the portfolio. Executive House features recent investments including a full modernization of two hydraulic elevators, installation of a new hot water boiler, upgrades to select hallway flooring with LVT, and replacement of the main electrical breaker system. The Sylvia Apartments underwent a comprehensive renovation, including new mini-split HVAC systems, roofing, electrical and plumbing infrastructure, and all-new interior finishes such as kitchens, bathrooms, windows, flooring, insulation, and fire safety systems. The portfolio has historically maintained strong occupancy and provides upside through continued rent growth and value-add enhancements. The Executive Portfolio offers an opportunity to acquire a well-positioned, cash-flowing multifamily asset.
Key Highlights
- 179 Units: Large portfolio offers immediate scale and diversification.
- Strong Occupancy History: Demonstrates consistent demand and income stability.
- Value‑Add Potential: Opportunity for rent growth.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,386
Businesses Nearby
Explore this area
Business Placement
Demographics for 06105, CT
18,803
Population
11,705
Households
1.6
Avg Household Size
37
Median Age
31%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
8,175
Density / Sq Mi
$41,235
Median Household Income
$39,775
Median Earnings
$1,100
Median Rent
$365,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 179-unit portfolio in Hartford's Asylum Hill neighborhood.
Where is this apartment building located?
The property is located at 1021 Asylum Ave Hartford, CT.
What is the asking price?
The asking price for this property is $16,875,000.
What are key features of this property?
This property features: 179 Units: Large portfolio offers immediate scale and diversification.; Strong Occupancy History: Demonstrates consistent demand and income stability.; Value‑Add Potential: Opportunity for rent growth.
