CBG Real Estate, LLC
CBG Real Estate is an experienced owner and manager of investment properties. CBG Real Estate operates several existing real estate partnerships and is currently seeking to acquire additional apartment complexes or commercial properties. Three apartment properties have been acquired since 2014. All three are now owned and are under management by CBG Real Estate. CBG has full service acquisition capabilities on its own or with partners.
CBG Manchester, LLC- Manchester CT
434-436 North Main Street in Manchester was acquired in February 2015. The property consists of two separate buildings containing eight apartments in each building. The apartments are well located and convenient to Buckland Hills mall and I 84. They are a great value in the town which has seen the creation of higher priced new construction. The buildings are spaciously situated on landscaped grounds and are built using concrete block construction. All the apartments are one bedroom and feature a convenient floorplan and spacious rooms. The property is currently 100% occupied.
CBG Hillside, LLC- Hartford, CT
174-176 Hillside Ave in Hartford consists of two brick buildings containing eight apartments in each building. All 16 units in both buildings are 100% occupied on a long term lease with a social services provider. CBG Real Estate has managed the property since its acquisition. Recent improvements to the buildings include new mechanicals and roofs.
Foote Rd Apartments, Burlington, CT
11-13 Foote Road in Burlington consists of two buildings containing four apartments in each building. The property is comfortably located near Farmington and Route 4. Burlington is a rural town with a limited supply of apartments. The property is currently 100% occupied. Each apartment has two bedrooms and one bath. The apartments have new windows and convenient floorplans. The property has ample parking and laundry on site.