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17-Unit Condominium Portfolio
For Sale
Contact for pricing
Pending

125 Carriage Crossing Ln, Middletown, CT 06457

Fully occupied rental holdings distributed between two established condominium communities.

Property SizeContact for details
Days on Market144

Property Features for 125 Carriage Crossing Ln

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 17
Listing Agency: Substancia Capital, LLC
Listed By: Phillip Richardson · License #CT REB.0791615
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 2:42PM

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 Substancia Capital, LLC

Investment Insights

Based on property information with market context.

This condominium portfolio includes 17 units serving as rental holdings, with five residences at Carriage Crossing and 12 at Peppermill Village. The units have been recently updated and are currently 100% occupied.

The properties are located in Middletown’s Westlake Drive District, with the listed address at 125 Carriage Crossing Ln. The portfolio combines units across two communities within the same local market.

Key Highlights

  • 17 condominium units in total
  • 100% occupied rental portfolio
  • 5 units at Carriage Crossing

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Restaurant Spa & Massage Center Parking Lot & Garage Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby

Demographics for 06457, CT

46,505
Population
22,138
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
40.7 sq mi
ZIP Area
1,143
Density / Sq Mi
$74,003
Median Household Income
$48,240
Median Earnings
$1,392
Median Rent
$279,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Fully occupied rental holdings distributed between two established condominium communities.
Where is this multifamily property located?
The property is located at 125 Carriage Crossing Ln Middletown, CT.
What are key features of this property?
This property features: 17 condominium units in total; 100% occupied rental portfolio; 5 units at Carriage Crossing
More about this property
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