CT > Avon
Avon, CT 06001,64 Avonwood Road
Avon, CT 06001,64 Avonwood Road
Avon, CT 06001,64 Avonwood Road
Avon, CT 06001,64 Avonwood Road
Avon, CT 06001,64 Avonwood Road
Avon, CT 06001,64 Avonwood Road
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Joe And Jocelyn Maggi

Joe And Jocelyn Maggi

+1(413) 530-4657
$ 40,000,000
Est. payment | /mo

6 Beds

3 Baths

99,713 SqFt

Save
$ 40,000,000
Est. payment | /mo
Save

6 Beds

3 Baths

99,713 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 99,713 sqft

Price per Sqft $401

MLS Listing ID 24037027

Style Units on different Floors,Units are Side-by-Side

Bedrooms 6

Full Baths 3

Year Built 1977

Annual Tax Amount $588,307

Lot Size 46.600 Acres

Property Description

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.

Location

State CT

County Hartford

Zoning RU2A

Rooms

Basement Full

Interior

Heating Baseboard

Cooling Wall Unit

Exterior

Parking Features None

Pool In Ground Pool

Waterfront Description Not Applicable

Roof Type Asphalt Shingle,Gable

Building

Lot Description Lightly Wooded, Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Listed by Lisa Cozzi • Berkshire Hathaway NE Prop.

GET MORE INFORMATION

Joe And Jocelyn Maggi

REALTOR® | Lic# 9088667 | 9555634

+1(413) 530-4657

442 STATE STREET BELCHERTOWN MA 01007

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64 Avonwood Road