36-Unit Apartment
For Sale
Contact for pricing
Pending
45 Fort Hill Rd, New Milford, CT 06776
36 market-rate apartments in three buildings with 76 parking spaces, including 36 covered tenant-reserved spaces.
Property SizeContact for details
Days on Market119
Property Features for 45 Fort Hill Rd
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Cushman & Wakefield - Stamford, Connecticut
Listed By:
Matt Torrance · License #CT RES.0795522
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Aug 8 at 1:17PM
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 Cushman & Wakefield - Stamford, Connecticut
Investment Insights
Based on property information with market context.
Overlook at Fort Hill is a 36-unit boutique apartment community completed in 2011, arranged in three buildings. The community offers 2-bedroom, 1-bath market-rate apartments. The property includes a total of 76 parking spaces, with 36 reserved covered spaces leased to tenants for a monthly fee.
Ownership has started a unit renovation program, with updates described as including new countertops, appliances, flooring, and fixtures throughout the units. Renovations to the first six units are reported to have generated rent premiums compared to the non-renovated units.
The property is located just one turn off CT Route 7, with historic downtown New Milford approximately 1 mile east and the main commercial district about 2 miles south.
Ownership has started a unit renovation program, with updates described as including new countertops, appliances, flooring, and fixtures throughout the units. Renovations to the first six units are reported to have generated rent premiums compared to the non-renovated units.
The property is located just one turn off CT Route 7, with historic downtown New Milford approximately 1 mile east and the main commercial district about 2 miles south.
Key Highlights
- 36‑unit boutique apartment community on 4.46± acres at 45 Fort Hill Road, New Milford, CT
- Completed in 2011; three buildings with 36 market‑rate 2‑bed/1‑bath apartments
- 76 parking spaces total, including 36 covered tenant‑reserved spaces leased for a monthly fee
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 06776, CT
26,848
Population
11,120
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
95%
High-School Grad
56.2 sq mi
ZIP Area
478
Density / Sq Mi
$102,240
Median Household Income
$50,407
Median Earnings
$1,598
Median Rent
$380,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - 36 market-rate apartments in three buildings with 76 parking spaces, including 36 covered tenant-reserved spaces.
Where is this apartment building located?
The property is located at 45 Fort Hill Rd New Milford, CT.
What are key features of this property?
This property features: 36‑unit boutique apartment community on 4.46± acres at 45 Fort Hill Road, New Milford, CT; Completed in 2011; three buildings with 36 market‑rate 2‑bed/1‑bath apartments; 76 parking spaces total, including 36 covered tenant‑reserved spaces leased for a monthly fee
