45-Unit Multifamily
$1,125,000
155 Crystal Lake Road, Groton, CT 06340
15,622 sqft
Building Size
3.15 acres
Lot Area
Details:
Highlights:
- 45-Unit Concept
- 3.15 Acre Site
- Municipal Utilities
- Buyer-Input Window
- Approval Delivery
Description:
45-Unit M155 Crystal Lake Road presents an opportunity to acquire a multifamily development site in Groton, Connecticut with an existing 45-unit engineering concept and a pathway toward seller-delivered approvals. The 3.15-acre property is zoned CN and is served by municipal water and sewer, providing a foundation for future residential development. Existing concept plans contemplate a mix of studio, one-bedroom, and two-bedroom units, with supporting amenity and leasing components that may be refined through the approval process.
A distinguishing feature of the offering is the ability for a purchaser to influence the final development program before approvals are completed. The current engineering concept allows buyer input on unit mix, amenities, floor plan configuration, and other project details while maintaining the overall 45-unit development framework.
Documents:
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Offering Memorandum
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Location
Gallery
