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Multifamily

Kenyon Apartments

20 Kenyon St, Hartford, CT 06105

Listing Price: $2,200,000

Cap Rate
5.70%
Number of Units
28
Occupancy
100.0%
Price/Unit
$78,571
Price/Gross SF
$122.22
Gross SF
18,000

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of Kenyon Apartments, a 28-unit apartment building located in Hartford, CT. The brick building was built in 1957 with a unit mix consisting of 21 one-bedroom apartments and 7 Studios. The units feature hardwood floors, (carpet in the lower-level units), intercom system, tiled bathrooms, onsite laundry facilities, and ample off-street parking. The property has been very well maintained and features 2 new high-efficiency Lochinvar gas boilers and a new Lochinvar high efficiency gas hot water system both installed in 2020, and new driveway/parking lot installed in 2021. Gas Heat and Hot water are included, and tenants are responsible for separately metered electric. The property has consistently operated at high levels of occupancy. The property is well located in Hartford’s West Boulevard Historic District, and a few blocks from the West Hartford town line. It is conveniently located near the insurance companies- The Hartford, Aetna, and Travelers, on the bus line, within a short drive to the central business district, near the UCONN Law School, the Hartford Seminary, and convenient to the employment throughout Hartford County with near highway access to I-84 and I-91, close to local hospitals, and near to all local amenities, restaurants, and shopping. It is anticipated that a new buyer will benefit from the convenient location near the West Hartford town line, with strong apartment demand, and rising rent growth potential.

Investment Highlights

  • Prime Rental Market
  • New High-Efficiency Lochinvar Gas Boilers and Hot Water System
  • New Parking Lot And Driveway
  • Well Maintained
  • Convenient Location
  • Near UCONN Law School- Near Trinity College

Exclusively Listed By

  • Gary Witten

    Senior Vice President Investments

    (203) 672-3322

    Email Gary

    License(s): CT: RES.0735082, MA: 134116

    New Haven

Financing By

Multifamily

Kenyon Apartments

Listing Price: $2,200,000

Cap Rate
5.70%
Number of Units
28
Occupancy
100.0%
Price/Unit
$78,571
Price/Gross SF
$122.22
Gross SF
18,000

Investment Highlights

  • Prime Rental Market
  • New High-Efficiency Lochinvar Gas Boilers and Hot Water System
  • New Parking Lot And Driveway
  • Well Maintained
  • Convenient Location
  • Near UCONN Law School- Near Trinity College

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of Kenyon Apartments, a 28-unit apartment building located in Hartford, CT. The brick building was built in 1957 with a unit mix consisting of 21 one-bedroom apartments and 7 Studios. The units feature hardwood floors, (carpet in the lower-level units), intercom system, tiled bathrooms, onsite laundry facilities, and ample off-street parking. The property has been very well maintained and features 2 new high-efficiency Lochinvar gas boilers and a new Lochinvar high efficiency gas hot water system both installed in 2020, and new driveway/parking lot installed in 2021. Gas Heat and Hot water are included, and tenants are responsible for separately metered electric. The property has consistently operated at high levels of occupancy. The property is well located in Hartford’s West Boulevard Historic District, and a few blocks from the West Hartford town line. It is conveniently located near the insurance companies- The Hartford, Aetna, and Travelers, on the bus line, within a short drive to the central business district, near the UCONN Law School, the Hartford Seminary, and convenient to the employment throughout Hartford County with near highway access to I-84 and I-91, close to local hospitals, and near to all local amenities, restaurants, and shopping. It is anticipated that a new buyer will benefit from the convenient location near the West Hartford town line, with strong apartment demand, and rising rent growth potential.

Exclusively Listed By

  • Gary Witten

    Senior Vice President Investments

    (203) 672-3322

    Email Gary

    License(s): CT: RES.0735082, MA: 134116

    New Haven

Financing By

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