For Sale
$1,700,000

9 Northridge Dr Windham, CT 06256

Prime 23-acre development site in Windham, CT.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 23-acre commercial land parcel, identified by APN numbers 1475, 1476, and 1477, presents a unique investment opportunity in Windham, Connecticut. Located at 9 Northridge Drive, 06256, this property boasts a C-4 Special Permit zoning designation, allowing for the development of a fully approved 136-unit multifamily market-rate apartment complex. The approved project plan includes a mix of 68 two-bedroom and 68 one-bedroom units, supported by a generous surface parking ratio of 1.5 spaces per unit. This prime location offers easy access to Eastern Connecticut State University and the University of Connecticut, strategically situated on busy Route 6 between Willimantic, Storrs, and Mansfield. The property benefits from its proximity to a thriving commercial power center anchored by major retailers such as Walmart, Home Depot, and Wendy's, ensuring high visibility and convenient access to amenities. The asking price for this exceptional development opportunity is $1,700,000. This fully approved project offers immediate potential for significant returns, capitalizing on the strong demand for multifamily housing in this rapidly growing area, bridging the gap between Hartford and Providence. Don't miss this chance to acquire a ready-to-develop site with exceptional potential.

Highlights

  • Fully approved 136-unit multifamily market-rate development project.
  • Easy access to Eastern Connecticut State University and the University of Connecticut.
  • Located on busy Route 6 between Willimantic, Storrs, and Mansfield, bridging Hartford and Providence.
  • Near a commercial power center anchored by Walmart, Home Depot, and Wendy's.

Property Details for 9 Northridge Dr

Property type
Land
Lot Size (sq. ft)
1,001,880 SF

Location Insight

City
Windham
County
Windham
State
Connecticut
Latitude
41.739828
Longitude
-72.1709344

FAQs

What type of property is this?
Land - Prime 23-acre development site in Windham, CT.
Where is the land located?
The property is located at 9 Northridge Dr Windham, CT.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Fully approved 136-unit multifamily market-rate development project.; Easy access to Eastern Connecticut State University and the University of Connecticut.; Located on busy Route 6 between Willimantic, Storrs, and Mansfield, bridging Hartford and Providence.
How can I contact the broker?
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9 Northridge Dr
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