For Sale
$4,700,000

0 -New Haven, CT 06501

Added:
Dec 11, 2024
Days on market:
114

Highlights

  • Well-maintained, Southern Connecticut community with 95%+ historical occupancy.
  • Strong tenant demand due to area's limited affordable housing options; rent growth potential of 10-15%.
  • Public water, septic sewer, and well-maintained infrastructure.
  • Strong tenant base resulting in high collections and low turnover.
  • Vacant commercial space offering $1,000+/month lease potential or $3,000+/month potential after conversion to two apartments (approx. $100k conversion cost).
  • Turnkey asset in a desirable market, qualifying for non-recourse debt and offering high single-digit cash-on-cash returns at target price.

Property Details for 0 -

Property type
Mobile home & RV parks
Class
A
Units
50

Location Insight

City
New Haven
County
New Haven
State
Connecticut
Latitude
41.309955
Longitude
-72.9299465
-, New Haven, Connecticut

FAQs

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