Renovated 92-Unit Apartment
For Sale
Contact for pricing
12 Balaban Rd, Colchester, CT 06415
Renovated residences offer two-bedroom layouts, updated finishes, and access to shared outdoor amenities.
Property Size81,227 SF
Lot Size26.44 Acres
Days on Market143
Property Features for 12 Balaban Rd
General Information
Standard status
Active
Size
81,227 SF
Lot size
26.44 Acres
Property subtype
Multifamily
Units
Unit Mix
92 x 2BR/1BA
Multifamily Units
92
Additional Details
Highway Access
Yes
Amenities
basketball court
picnic area
playground
dog parks
gated entry
mailboxes
EV charging stations
Listing Agency:
NorthEast Private Client Group Shelton
(203) 727-3212
Listed By:
Rich Edwards · License #RES.0802816
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 9:23PM
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 NorthEast Private Client Group Shelton
Investment Insights
Based on property information with market context.
This 92-unit apartment property comprises two-bedroom, one-bath residences totaling 81,227 square feet across a 26.44-acre parcel. Interior upgrades include hardwood flooring, shaker-style cabinetry, stone countertops, new appliances, and tiled bathrooms. Exterior improvements include new roofs, asphalt repairs, hardscaping, landscaping, a basketball court, picnic areas, a playground, dog parks, gated entry, updated mailboxes, and EV charging stations.
Property systems include new wells and water treatment systems, septic systems, generators, and oil sub-metering for tenant heating usage. The property is located at 12 Balaban Rd in Colchester, 2 miles from Route 2 and 2.5 miles from Colchester’s town center, with restaurants and shops in the surrounding town center.
Property systems include new wells and water treatment systems, septic systems, generators, and oil sub-metering for tenant heating usage. The property is located at 12 Balaban Rd in Colchester, 2 miles from Route 2 and 2.5 miles from Colchester’s town center, with restaurants and shops in the surrounding town center.
Key Highlights
- 92 two‑bedroom/one‑bathroom units totaling 81,227 square feet
- Located on one 26.44‑acre parcel at 12 Balaban Rd
- Renovated interiors feature hardwood flooring, shaker cabinetry, stone countertops, new appliances, and tiled bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
92
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 06415, CT
16,300
Population
7,019
Households
2.3
Avg Household Size
43
Median Age
46%
College-Educated
96%
High-School Grad
56.0 sq mi
ZIP Area
291
Density / Sq Mi
$119,656
Median Household Income
$65,891
Median Earnings
$1,398
Median Rent
$340,700
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 - Renovated residences offer two-bedroom layouts, updated finishes, and access to shared outdoor amenities.
Where is this apartment building located?
The property is located at 12 Balaban Rd Colchester, CT.
What are key features of this property?
This property features: 92 two‑bedroom/one‑bathroom units totaling 81,227 square feet; Located on one 26.44‑acre parcel at 12 Balaban Rd; Renovated interiors feature hardwood flooring, shaker cabinetry, stone countertops, new appliances, and tiled bathrooms
