610 Cottage Grove Rd
Bloomfield, CT 06002
Land For Sale · 12.53 AC

Chozick Realty is pleased to offer a highly desirable and fully approved multifamily site with all Town of Bloomfield, CT. Approvals to construct a Class A, 40 unit apartment complex. 580 Cottage Grove Road is one of the best locations within the Central Connecticut region. Ideally located close the town center of Bloomfield, the town line of West Hartford and just blocks from Cigna Insurance Company’s 30 acre corporate campus at 900 Cottage Grove Road, there is an abundance of employment, recreation, educational and retail opportunities close by. Access to I-84 and I-91 are also within 5-6 miles of the property, offering an easy commute to the employment center of Downtown Hartford and surrounding communities. While ideally located for convenience, the site is a wooded and tranquil site that offers the quintessential New England residential setting. The complex to be built will consists of two, 20 unit buildings, consisting of all Two Bedroom, Two Bath apartments with sizes up to 1332 square feet. Both buildings will have elevators, with one being three stories and one, four stories. Parking is provided with garages and surface spaces. Bloomfield is a highly sought after western suburb of Hartford with an impressive three mile radius of average household income of $107,644 and a three mile radius population of 55,259. The five mile radius population is a healthy, 166,709. 580 Cottage Grove is a +/-12.63 acres level wooded site that was subdivide from a larger 19.55 acres medical office site on the north side of Cottage Grove Road. To date all approvals have been granted by the town of Bloomfield. The only pending items are administrative in nature, which are the MDC water and sewer connection and the Army Corp of Engineers review and approval of the Town of Bloomfield already granted wetland approvals. Ten Percent of the apartments are to be set aside as “Affordable” (4 units). Given the high income levels within the area, this is not seen as impacting the overall rental rates to be achieved