Brass City Portfolio
Waterbury, CT
Turn Key Portfolio w/Upside
Number of Units
44
Number of Properties
6
Total Building SF
30805
Total Land Size
.83
Sale Price
$4,500,000
Cap Rate (actual)
6.10%
Cap Rate (Pro-forma)
8.90%
Occupancy
95.00%
 
 
Investment Overview
Well-maintained apartment buildings with strong pride of ownership.
Attractive unit layouts with functional floor plans and ample natural light.
Updated interiors, including kitchens, baths, and flooring.
Stable tenant base with consistent rental demand.
Mostly tenant-paid utilities enhancing operating efficiency.
Strong in-place income with upside potential through rental increases.
Located in a desirable, high-demand rental market.
Convenient access to employment centers, transportation and amenities.
Ideal for both long-term hold investors and value-add buyers.
Brass City Portfolio
985 Bank Street, Waterbury, CT 06708
$4,500,000
Number of Units
14
Land Acres
.17
Year Renovated
2024
Building SF
10,052
Year Built
1920
# of parcels
1
Brass City Portfolio
256 Congress Ave, Waterbury, CT 06708
$4,500,000
Number of Units
4
Land Acres
.15
Year Renovated
2024
Building SF
2,378
Year Built
1920
# of parcels
1
Brass City Portfolio
953 Bank St, Waterbury, CT 06708
$4,500,000
Number of Units
10
Land Acres
.11
Year Renovated
2024
Building SF
7,364
Year Built
1900
Brass City Portfolio
248 Congress Ave, Waterbury, CT 06708
$4,500,000
Number of Units
8
Land Acres
.18
Year Renovated
2024
Building SF
5,261
Year Built
1900
Brass City Portfolio
307 Washington Ave, Waterbury, CT 06708
$4,500,000
Number of Units
5
Land Acres
.06
Year Renovated
2024
Building SF
2,510
Year Built
1920
Brass City Portfolio
971 Bank St, Waterbury, CT 06708
$4,500,000
Number of Units
3
Land Acres
.16
Year Renovated
2024
Building SF
3,240
Year Built
1900