Building Details

Building Size 1,900 SF

Year Built 1900

Listing Agency: William Raveis Real Estate t***@raveis.com Show Phone

Listed By: Luke Porto · License #RES.0794764 Show Phone

Source: Iverty

Added: Apr 10 Changed: Oct 16 Last Checked: Oct 16 at 8:29AM

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Investment Insights

Based on property information with market context.

This offering features a 214-unit apartment portfolio, which includes 5 commercial units. The property is operating at approximately 97% occupancy. It provides immediate cash flow from the first day with minimal lease-up risk. The assets are fully stabilized and professionally operated. The property is performing at the top of the market, providing a secure income stream. The bike score is 31, indicating it is somewhat bikeable. The walk score is 64, indicating it is somewhat walkable.

Key Highlights

• 214‑unit apartment portfolio with 5 commercial units.
• Approximately 97% occupancy.
• Immediate and durable cash flow.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

214

Businesses Nearby

Explore this area Business Placement

Demographics for 06483, CT

16,748

Population

6,436

Households

2.6

Avg Household Size

42

Median Age

35%

College-Educated

92%

High-School Grad

14.5 sq mi

ZIP Area

1,155

Density / Sq Mi

$103,682

Median Household Income

$55,077

Median Earnings

$1,511

Median Rent

$344,900

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 - 214 units with 5 commercial spaces, 97% occupancy.

Where is this apartment building located?

The property is located at 39 New Haven #8 Seymour, CT.

What is the asking price?

The asking price for this property is $39,592,000.

What are key features of this property?

This property features: 214‑unit apartment portfolio with 5 commercial units.; Approximately 97% occupancy.; Immediate and durable cash flow.