24 Unit Multifamily in West Haven Connecticut Connecticut

Off Market

Property type: Multifamily

Tamarack Apartments located at 169 West Spring Street in West Haven, CT, a 24-unit multifamily property in the Orange Ave/Meloy Road neighborhood of West Haven. Tamarack Apartments is a 20,670 SF building, consisting of 24 one-bedroom units. The building features tenant paid utilities, 30 off-street parking spaces, and on-site laundry for the residents. Value add proof of concept has been demonstrated within the building with renovated units achieving a premium over non-renovated units. The property’s location gives residents quick and easy access to Interstate 95 and Route 1 Boston Post Road.

INVESTMENT SUMMARY | 169 WEST SPRING STREET WEST HAVEN, CT 06516

Asking Price:	$2,795,000
Cap Rate:	6.42%
Price/Unit:	$116,458
Type of Property:	MultiFamily
Property Subtype:	Apartment
Living Units:	24
Sale Type:	Investment
Parking Ratio:	1.45/1,000 SF
Stories:	3
Building size:	20,670 SF
Year Built:	1972
Style:	Apartments, Multifamily, Residential Income
Address:	169-171 WEST SPRING STREET WEST HAVEN, CT 06516