Ashford Hills Apartments on the Market for $8.7 Million

June 9, 2025 - 20:23

Ashford, CT – A prime investment opportunity has emerged as Ashford Hills Apartments, a strategically located 52-unit multifamily property, has been listed for sale at $8.7 million. This property presents a significant value-add potential, making it an attractive option for investors looking to capitalize on the growing demand for rental housing in the area.

Situated near the University of Connecticut, Ashford Hills Apartments benefits from its proximity to a vibrant community and a steady influx of students and faculty. The property is well-maintained but offers opportunities for enhancements that could increase rental income and overall property value.

With a solid occupancy rate and a diverse tenant base, Ashford Hills is poised for continued success. The Northeast Private Client Group, tasked with the marketing of this asset, is optimistic about the interest it will attract from potential buyers seeking to expand their portfolios in the competitive Connecticut real estate market.