Published July 19, 2021
GLASTONBURY, CT, JULY 2021 – Trio Properties, LLC, a Connecticut based real estate services company and manager of high-quality rental housing, has added Town Place Apartments to its growing list of managed assets.
Town Place Apartments is a 166-unit, Class B, garden-style, property located on 12 acres in Middletown, CT. Floorplan offerings include a mix of one-, two-, and three-bedroom units. Each apartment home features a full-size washer and dryer, private balcony or patio, assigned parking, fireplaces, and walk-in closets. Select recent apartment upgrades include stainless steel appliances. The community amenities include a state-of-the-art fitness center, resort-style pool, and a dog park.
Situated conveniently between Hartford and New Haven, Town Place’s Middletown location offers commuters easy access to I-91, Route 9, I-95, and I-691. Located just 4 miles from downtown, Town Place is an easy ride to all the attractions of the Main Street area including a plethora of bars, dining, shopping, arts, farmer’s market, and more. Middletown is the home to Wesleyan University, located only 4 miles away, and just 5 miles from Middlesex Hospital.
Jeff Ferony, President of Trio Properties, said “Town Place is a great addition to Trio’s portfolio and allows us to further deepen our territory within Middlesex County. We are excited about this opportunity. The asset is in a great location and offers its residents a luxury lifestyle at a reasonable price. We’re happy to continue to provide an exceptional living experience for residents at Town Place while maximizing NOI for our client.”
About Trio Properties
Trio Properties, LLC is a hands-on management firm with over 3,000 apartments within their current portfolio and the experience of more than 60,000 units and 2 billion dollars of development and management expertise at the helm. Trio successfully oversees stabilized assets, repositioning plans, lease-ups, and provides consultation and management services for new development and construction of multifamily assets to its clients and partners.