23 Pine Crest Ridge
Woodstock, Connecticut

Description:

Pinecrest Apartments is a meticulously maintained 14-unit residential community situated on 5.5 acres in Woodstock, CT, reflecting clear pride of ownership, durable construction, and sustained tenant demand. Built in 1989, the property is 100% occupied and offers a highly desirable mix of 13 townhome-style units and one ranch-style residence. The unit mix includes: (2) 1BR/1BA, (9) 2BR/1.5BA, (1) 2BR/2BA, and (2) 3BR/1.5BA. Twelve units have been thoughtfully renovated with updated kitchens and baths, new flooring and paint, finished basements, and in-unit laundry-positioning the asset at the top of its market. Exterior features include white vinyl siding, newer windows, and a park-like backyard setting with private decks off each unit. Every residence offers an oversized private garage (two with attached garages), ample onsite parking, and private entrances. Additional amenities include four EV charging stations (eight plugs), centralized mailboxes, and a common dumpster serviced twice weekly. Operating efficiency is enhanced by tenant-paid electric baseboard heat and individual in-unit hot water heaters. This offering may be acquired individually or as part of a portfolio sale with the 14-unit asset, Brookside Apartments, allowing investors to achieve immediate scale, operational efficiencies, and long-term value growth. A truly turnkey, low-maintenance asset delivering stable occupancy and strong cash flow.

Listing Courtesy of Century 21 AllPoints Realty