Highland Apartments

New London, Connecticut, is a historic coastal city located on the Long Island Sound, with a deep maritime heritage that shapes much of its character. Once an important seaport during the 18th and 19th centuries, the city remains home to several significant maritime institutions, such as the U.S. Coast Guard Academy and the nearby Mystic Seaport. The city’s waterfront offers beautiful views and is a hub for both leisure and commerce. Today, New London is known for its vibrant arts scene, diverse community, and historic architecture. The downtown area is home to a mix of boutiques, restaurants, and cultural venues like the Garde Arts Center. While the city has seen economic shifts over the years, its proximity to major cities like New York and Boston provides ample opportunity for growth and development. New London is also an educational center, with institutions like Connecticut College and the Mitchell College contributing to its youthful energy. The city’s mix of rich history, culture, and scenic beauty makes it a unique destination on the Connecticut coast.Northeast Private Client Group is pleased to exclusively present Highland Apartments, a 31-unit value-add apartment building located in New London, Connecticut. Built in 1920, the property is comprised of 8 studio, one bath, 16 one bedroom, one bath, and 7 two bedroom, one bath apartments set on 0.51 acres. Highland Apartments’ location provides immediate access to Interstates 95 & 395, the New London Union Train Station, and the New London Ferry Terminal. Additionally, it provides convenient access to local shopping, dining, nightlife, and several community parks, as well as Connecticut College, the United States Coast Guard Academy, and Lawrence Memorial Hospital. This property presents an ideal opportunity for investors looking to acquire a stable asset with significant upside potential in a burgeoning market. A new owner will have the opportunity to improve curb appeal and amenities and continue unit renovations to capture a proven premium in the market.