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$40,000,000
62 Days Online

64 Avonwood Road
Avon, CT 06001

For Sale|Multi Family|Active
6
Beds
3
Full Baths
0
Partial Baths
99,713
SqFt
$401
/SqFt
1977
Built
County:
Hartford
Listing courtesy of Lisa Cozzi of Berkshire Hathaway NE Prop.

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64 Avonwood Road64 Avonwood Road64 Avonwood Road64 Avonwood Road
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Rare opportunity to acquire 189 luxury residential units in Avon! Set across 46.6 expansive acres, this prime location is adjacent to vibrant Route-44, providing effortless access to all local amenities. Seamlessly connected to Avon Mountain, there is a direct path from Avon to West Hartford and other bustling towns, yet it maintains a tranquil, suburban ambiance. The property has: (102) 1 Bed, (78) 2 Bed and (9) 3 Bed units. Spacious layouts range from 925SF up to an impressive 1324SF, each featuring a private balcony or patio.The asset is at 92% Occupancy currently. Originally built in 1977, these three-story assets are undergoing extensive upgrades to both units and common area upgrades (~80 units renovated & $3.5M invested into buildings). Residents enjoy amenities such as a swimming pool with cabana and sun deck, two tennis courts, picnic areas and scenic walking trails enriching their lifestyle experience at Avon Woods. These units are poised to command premium rental rates, reflecting the strong demand for upscale living In this affluent area. There is also an option for an expansion package for an additional $12,000,000 (MLS 24037298). This opportunity includes approved plans for a 250 unit expansion including 2 new, four-story buildings totaling 196 units. Enhanced amenities will feature a new pool and clubhouse, expansive patio and pavilion, basketball courts, picnic areas, grilling stations, walking trails, and ample outdoor parking for residents and guests.

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Listing Snapshot
Price 
$40,000,000
Days Online 
62 Days
Bedrooms 
6
Inside Area (SqFt) 
99,713 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
46.6 Acres
Year Built 
1977
MLS® Number 
24037027
Status 
Active
Property Tax 
$588,307
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen online
2 months agoListing updated with changes from the MLS®
General Features
Acres 
46.6
Foundation 
Concrete Perimeter
Parking 
None
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
99713
Style 
Units on different FloorsUnits are Side-by-Side
Water Source 
Public
Zoning 
RU2A
Interior Features
Appliances 
Gas Water Heater
Basement 
Full
Cooling 
Wall Unit(s)
Heating 
Natural GasBaseboard
Laundry Features 
Common Area
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Exterior Features
Construction Details 
BrickFrame
Lot Features 
Level
Pool Features 
Outdoor PoolIn Ground
Roof 
Asphalt
Schools
School District
Unknown
Elementary School
Per Board of Ed
Middle School
Unknown
High School
Per Board of Ed
Listing courtesy of Lisa Cozzi of Berkshire Hathaway NE Prop.



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Neighborhood & Commute
Source: Walkscore
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