Buying In Bristol, CT
Sell Your Commercial Property In Bristol, CT
Own a commercial apartment building of five or more units in Bristol? We purchase multifamily properties around Forestville, Downtown Bristol, and the rest of Hartford County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Areas We Target: Forestville · Downtown Bristol · Plainville · Terryville — Hartford County, CT
The Bristol Market
What Drives Rentals In Bristol
Bristol is a Hartford County city of 61,462 residents, per ACS 2020-2024, and the home of ESPN. Renters occupy 35.1% of occupied homes, and median gross rent is $1,338 a month. If you plan to sell commercial property in Bristol, CT, the figures below cover renters, rents, taxes and landlord rules. The fiscal 2027 mill rate is 35.30 on the 2025 Grand List. Each figure links to its official source, from the Census Bureau and HUD to Connecticut statutes and City of Bristol records.
ESPN in Bristol
ESPN employs 4,000 people in Bristol and ranks first in the City of Bristol FY2025 principal employer table.Bristol Health
Bristol Health is the third-ranked Bristol employer in the FY2025 financial report, listed at 1,700 employees.Local manufacturers
IDEX Health & Science, with 175 employees, and Quality Coils, with 125, are the largest manufacturers in that table.Our Buy Box
What We Buy In Bristol
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Bristol Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Bristol
Renters occupy 35.1% of Bristol's 24,453 occupied homes, above the 33.5% state share, per ACS 2020-2024 tenure data. Buildings with five or more units hold 19.6% of Bristol homes, per ACS units-in-structure counts.
Homes built before 1980 make up 69.3% of Bristol's stock, per ACS year-built data. ESPN is Bristol's largest employer, with 4,000 workers in the FY2025 city financial report.
Rents and affordability
Median gross rent in Bristol is $1,338 a month, per ACS 2020-2024 rent data, versus $1,488 statewide. Median household income is $79,076, below the $95,781 Connecticut figure, per ACS income data.
Among Bristol renters, 51.5% spend 30% or more of income on rent, per ACS table B25070. Rental vacancy was 2.3% in ACS 2020-2024 housing characteristics.
HUD places Bristol in the Waterbury-Shelton, CT MSA under its HUD FY2027 fair market rents, effective October 1, 2026.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,249 |
| One bedroom | $1,336 |
| Two bedroom | $1,745 |
| Three bedroom | $2,184 |
| Four bedroom | $2,599 |
Property taxes in Bristol, Hartford County
Bristol's real property mill rate is 35.30 for fiscal 2027, on the 2025 Grand List, per Connecticut mill rate data. Connecticut assesses property at 70% of present true and actual value under section 12-62a.
A $2,000,000 building carries a $1,400,000 assessment and about $49,420 in yearly tax at 35.30 mills. Assessment appeals are due to the Board of Assessment Appeals by February 20 under section 12-111.
Owners who sell commercial property in Bristol, CT also pay conveyance tax under section 12-494. Non-residential property is taxed 1.25% for the state plus 0.25% for Bristol, or $30,000 on a $2,000,000 sale.
Landlord rules in Bristol
Connecticut caps security deposits at two months' rent, or one month for tenants 62 and older, under section 47a-21. Deposits are due back within 21 days of move-out or 15 days after a forwarding address, whichever is later.
Rent unpaid nine days after the due date allows termination under section 47a-15a. A notice to quit must give at least three days under section 47a-23.
Bristol runs a Fair Rent Commission. Section 7-148b requires one in towns of 25,000 or more. Anyone planning to sell commercial real estate in Bristol, CT should expect buyers to review rent history.
What it means for an owner
Bristol pairs a 35.1% renter share with older housing and a 35.30 mill rate, so buyers price in capital needs. Median gross rent of $1,338 sits $407 below the $1,745 two-bedroom FMR.
To sell commercial property in Bristol, CT, test value with our cap rate calculator. Skyline Capital Investments buys 5+ unit apartment buildings; owners ready to sell your apartment building in Bristol can request a cash offer.
Before You Sell
Bristol Seller Checklist
More about selling in Connecticut →Investing in Bristol? See apartment syndications in Bristol →
- Bristol's commercial grand list held $604,127,330 in assessed value for fiscal 2025, per the city report.
- To sell commercial real estate in Bristol, CT, plan for older stock: 69.3% of homes predate 1980.
- For owners selling commercial property in Bristol, the mill rate rose from 33.75 to 35.30 in fiscal 2027.
Seller Guides
Selling In Bristol? Common Situations We Handle
Learn More
Taxes & Rules For Bristol Property
The Connecticut rules that shape any deal in Bristol: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Bristol Seller FAQ
What property tax will a buyer face if I sell commercial property in Bristol, CT?
Bristol's real property mill rate is 35.30 for fiscal 2027 on the 2025 Grand List. Connecticut assesses property at 70% of market value, so a $2,000,000 building has a $1,400,000 assessment and owes about $49,420 a year.
How much conveyance tax applies when I sell commercial real estate in Bristol, CT?
Connecticut charges a 1.25% state conveyance tax on property used for non-residential purposes, plus a 0.25% municipal share kept by Bristol. On a $2,000,000 sale the two together total $30,000 under section 12-494 of the General Statutes.
How many renters live in Bristol?
ACS 2020-2024 counts 8,574 renter households in Bristol, or 35.1% of occupied homes. Buildings with five or more units hold 19.6% of the housing stock. Median gross rent is $1,338 a month, below the $1,488 Connecticut median.
Who are the largest employers in Bristol?
ESPN leads with 4,000 employees, followed by the City of Bristol and Board of Education at 1,800 and Bristol Health at 1,700, according to the City of Bristol FY2025 financial report. IDEX Health & Science is the largest listed manufacturer.
Does Bristol have a fair rent commission?
Yes. Bristol's Fair Rent Commission meets on the fourth Wednesday of each month. Connecticut section 7-148b requires towns of 25,000 or more to create one to hear complaints about rental charges. Owners who sell multifamily property in Bristol should keep rent history organized.
Will you buy a Bristol property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Bristol apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Can I sell rental property in Bristol with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
How fast can I sell my apartment building in Bristol?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
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Selling A Building In Bristol?
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