64 Avonwood Road, Avon, Connecticut

$40,000,000

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6

Beds

3

Baths

99,713

Square feet

46.60

Acres

About 64 Avonwood Road

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.

Features of 64 Avonwood Road

MLS® # 24037027
Price $40,000,000
Bedrooms 6
Bathrooms 3.00
Full Baths 3
Square Footage 99,713
Acres 46.60
Year Built 1977
Type Multi-Family For Sale
Sub-Type 5 Family+
Style Units on different Floors, Units are Side-by-Side
Status Active

Community Information

Address 64 Avonwood Road
Area N/A
City Avon
County Hartford
State Connecticut
Zip Code 06001

Amenities

Parking None
Is Waterfront No
Waterfront Not Applicable
Has Pool Yes
Pool In Ground Pool

Interior

Heating Baseboard, Natural Gas
Cooling Wall Unit
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Brick
Lot Description Lightly Wooded, Level Lot
Roof Asphalt Shingle, Gable
Foundation Concrete

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed August 2nd, 2024
Days on Market 93
Zoning RU2A
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway NE Prop.

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Listing information last updated on November 2nd, 2024 at 4:00am EDT.