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Handicap-Accessible 24-Unit Apartments
For Sale
$1,650,000
Pending

30 Knollwood Dr, Canterbury, CT 06331

Age and disability restricted 24-unit community with on-site laundry, recreation space, and paved parking.

Property Size19,512 SF
Lot Size12.50 Acres
Days on Market62

Property Features for 30 Knollwood Dr

General Information

Standard status Pending
Size 19,512 SF
Lot size 12.50 Acres
Property subtype Commercial
Zoning VC

Additional Details

Highway Access Yes
Multifamily Units 24

Taxes and HOA fees

Annual Taxes $20,025

Building Details

Year Built 1994
Listing Agency: Johnston & Associates Real Estate, LLC
Listed By: Ryan Lajoie · License #REB.0789987
Source: Davejonesrealty
Added: Jun 12 Changed: Aug 8 Last Checked: Jul 23 at 4:46AM

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 Johnston & Associates Real Estate, LLC

Investment Insights

Based on property information with market context.

Knollbrook Village is a 24-unit age/disability restricted apartment community with a supplemental rental complex. The property is described as very well maintained and features handicap accessibility. Improvements include a newer roof (approximately 4 years old) and vinyl siding, along with a private 12.5-acre parcel. On-site amenities include coin-operated laundry, an office, and a recreation/community room.

The community offers plenty of paved parking and has security and fire alarm systems. Service systems include well and septic, with the note that they are inspected and maintained regularly. The property management is described as long-standing, with responsive communication and proactive repairs, and the community is presented as having convenient access to major routes and shopping.

This asset may appeal to investors or owner-operators looking for a stabilized, managed multifamily property within an age/disability restricted framework. The listing notes that vacancies are rarely experienced and that the property manager helps keep operations running effectively. Financing is also described as having a USDA assumable mortgage, which could be a consideration for qualified buyers exploring an assumption path for ownership.

Key Highlights

  • 24‑unit age and disability restricted community built in 1994
  • Handicap accessible building with plenty of paved parking
  • Private 12.5 AC parcel

Property Analytics

Current Use

Knollbrook Village Retirement Community

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Big Box & Wholesale Store Computer & Electronic Repair Building Supply

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

24
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby

Demographics for 06331, CT

5,085
Population
2,311
Households
2.2
Avg Household Size
46
Median Age
26%
College-Educated
93%
High-School Grad
40.8 sq mi
ZIP Area
125
Density / Sq Mi
$99,487
Median Household Income
$52,024
Median Earnings
$816
Median Rent
$294,800
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?
Apartment building - Age and disability restricted 24-unit community with on-site laundry, recreation space, and paved parking.
Where is this apartment building located?
The property is located at 30 Knollwood Dr Canterbury, CT.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 24‑unit age and disability restricted community built in 1994; Handicap accessible building with plenty of paved parking; Private 12.5 AC parcel
More about this property
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