64 Avonwood Road, Avon, CT, 06001

64 Avonwood Road, Avon, CT, 06001

11 beds

8 Full / 1 Half baths

2024

222,856 sqft

Rare development opportunity in Avon! This exceptional opportunity includes approved plans for a 250 unit expansion to an existing 189 unit property. The development includes two, four-story buildings totaling 196 units, featuring (122) One-Bedroom, (30) Two-Bedroom/One Bathroom, (32) Two-Bedroom/Two Bathroom, and (12) Three-Bedroom/Two Bathroom residences. Additionally, the expansion introduces townhome-style units: (14) One Bedroom/One Bathroom, (14) Two Bedroom/One Bathroom, and (26) Three Bedroom/2.5 Bathroom units providing residents with a variety of housing options tailored to modern lifestyles. 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. 20% of these units will meet Affordable Housing requirements and the enhancement will result in ~$75/mth rent increase for current tenants due to amenity upgrade. The current owner/team is open to staying on to manage and execute this expansion project. Can be sold with existing property (MLS #24037027).


Status:

Active

Type:

Commercial

Zoning:

RU2A

Frontage:

Municipal Street

Heating:

Hot Air, Zoned

Cooling:

Central Air

Acreage:

29.39

Est. Taxes:

$588,307

Assessment

$19,835,020

Utilities

Electric Available,Gas Available,Cable Available

Lot Description:

Level Lot

Days on Market:

103

MLS #:

24037298


Community Info

School Info

Walk Score

Mass Transit

Yelp


Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Lisa Cozzi, Berkshire Hathaway NE Prop. Email: mulveylisa@gmail.com