21 Seir Hill Road

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Address: 21 Seir Hill Rd, Norwalk, CT 06850, USA

New York & Tri-State + Apartment Buildings

Created date: May 22, 2024

Date last updated: August 28, 2024

2005 Construction - Developer Owned & Managed
Turnkey Asset - Originally Built As Condominiums Resulting in Higher Quality Build & Finishes
Value Add Opportunity - Current Rents Are 30%+ Below Market Comparables
Large 2BR/2BA Apartments With Gas Fireplaces, Balconies, In-Unit Laundry, & More
White Collar Location - Walk to Merritt 7 Corporate Park & Towers at North Seven
Transit Oriented Location - Convenient Option For Commuters; Located Minutes from Merritt Parkway, Route 7, and I-95. Property is a Short Walk From The Newly Built Merritt 7 Train Station
Excellent Demographics & Rent Growth Tailwinds

Property Description

Northeast Private Client Group is pleased to exclusively present Skyview Gardens for sale. Located at 21 Seir Hill Road in Norwalk, Connecticut, Skyview Gardens is a boutique luxury condominium building consisting of twelve (12) units constructed in 2005. Atop a scenic hillside, the building features exceptionally well-maintained, large 2-bedroom/2-bathroom layouts with open floor plans and contemporary designs. Units feature hardwood flooring throughout, private balconies, gas fireplaces, standup shower + jacuzzi bathtubs, central AC + forced air heat, and in-unit laundry. Additionally, the property offers its residents private storage lockers, optional garage parking, off-street surface parking spaces, elevator, an entry intercom system, and package room. Currently, the property is self-managed, and lease rates are 30%+ below comparable properties in the market. Ownership has taken a conservative approach to leasing, putting a premium on occupancy and tenant retention over revenue. Additionally, there are simple cosmetic finish upgrades that will allow for further rental gains. All units feature granite countertops, stainless steel appliances, in-unit laundry, gas fireplaces, and balconies. Skyview Gardens is nestled in a quiet residential neighborhood in Norwalk, Connecticut. The property is situated on a scenic hillside, offering picturesque views of the surrounding landscape. Seir Hill Road is a peaceful, dead-end street with minimal traffic, providing a serene and private setting. The property is conveniently located near easy access to nearby parks, schools, employment, transit, and shopping centers. The property is located right off of Main Avenue behind Merritt 7 Corporate Park, a major employment center with DATTO, EMCOR, Xerox, among its impressive tenant roster. It enjoys excellent access to transportation with a drive time of 3 minutes from the intersection of the Merritt Parkway and the Route 7 Connector, 6 minutes to I-95, and walking distance to the newly constructed Merritt 7 Train Station. Norwalk, a charming coastal city in Fairfield County, offers a rich history, cultural attractions, and a vibrant downtown area with restaurants, shops, and entertainment options. The nearby I-95 and Merritt Parkway provide easy access to neighboring cities, beaches, and New York City, making 21 Seir Hill Road an ideal location for those seeking a tranquil yet connected living experience.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
No. of Units:	12
Year Built:	2005
Opportunity Zone:	No
Property Website	Click Here