79 Balance Rock Rd - Apartments FOR SALE


Seymour, CT 06483
$1,500,000 USD
203-314-4219
79 Balance Rock Rd, Seymour, CT for Sale
$1,500,000 USD
Apartments - FOR SALE
1/20
null | 4.74% Cap Rate

79 Balance Rock Rd
Seymour, CT 06483


HIGHLIGHTS

  • Balance Rock Condominiums
  • (3) one bedroom & (3) two bedroom units
  • Utilities Included in HOA
  • Low Maintenance & Turn Key
  • Lots of Complex Amenities
  • Great Location

OVERVIEW

Oxford Realty is proud to exclusively offer a package of rarely available, package of six warrantable condo units at Balance Rock Condominiums in Seymour, CT that offer a low-risk investment opportunity with a fully rented portfolio and minimal maintenance requirements, making it an excellent choice for real estate investors seeking stable cash flow and portfolio diversification. Situated on a serene hilltop with easy access to major highways and employment hubs, this well-established complex features a mix of (3) one- and (3) two-bedroom units that appeal to a broad tenant base, including young professionals, retirees, and small families. With strong rental demand and reliable occupancy, the property generates consistent income while requiring low operational oversight due to an effective HOA that not only manages common area maintenance but also pays and services all heating and hot water systems. Amenities such as an in-ground pool, playground, laundry, additional storage, ample parking, tennis/basketball courts, and a clubhouse enhance resident satisfaction, while the nearby parks, hiking trails, and a charming downtown add to its appeal. With steady rental growth, manageable entry costs, and value-add opportunities through targeted renovations, Balance Rock Condominiums presents a secure and attractive option for investors looking to capitalize on CT's affordable housing market. The complex also features a great location close to shopping, library, restaurants, train station, Rt. 8, 67, & 34. Units included in this sale: 37-14 Balance Rock, 49-1 Balance Rock, 79-2 Balance Rock, 79-14 Balance Rock, 79-18 Balance Rock, 79-19 Balance Rock.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$85 USD /SF

# OF UNITS

6

PRICE/UNIT

$250,000

CAP RATE

4.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Condos in Balance Rock w/Cash Flow

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

2

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

MF

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Amanda SheehanOxford RealtyMore Info
203-314-4219

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Amanda SheehanOxford RealtyMore Info
203-314-4219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.