P: 802.658.7400   EMAIL: INFO@REDSTONEVT.COM

1-4 Jayne Ct. Middlebury, VT

Redstone Portfolio

4 buildings with a total of 25,410 SF


Overview: 

Redstone recently purchased a relatively new 36 unit multi-family rental property in a private and secluded neighborhood one-tenth of a mile from Middlebury College, 1.5 miles from Porter Medical Center and half a mile from downtown Middlebury. The property includes 4 buildings with a total of 25,410 SF. All buildings are two stories and contain a mix of 23 one bedroom and 13 two bedroom units. Two bedrooms consist of two-story townhouse style apartments, while one bedroom units are stacked flats. The buildings are all wood frame structures with concrete foundations constructed in 1987. Planned improvements include new boilers, increased air sealing & insulation, exterior trim painting, minor structural shoring in 2 buildings, more efficient site lighting, and interior finishes & fixtures upgrades. Redstone’s goal is to execute all exterior improvements, boiler replacement, and energy efficiency measures upon acquisition with interior improvements at tenant turn over.

Features & Amenities: 

4 buildings with a total of 25,410 SF