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Multifamily

Winchester Lofts

New Haven, CT

158 Units

Built in 2005

Value Add

Investment Highlights

  • LEASE RENEWALS/RENT GROWTH - ยป New leases and renewals are achieving an average 9.27% increase above prior rent.
  • 15-YEAR AFFORDABLE RESTRICTION - Affordable restrictions expire 15 years from issuance of certificate of occupancy. There are 32 affordable units $800 to $1200 / unit / month below market rents
  • WALKABLE TO THE MAJORITY OF YALE UNIVERSITY'S CAMPUSES - Adjacent to Yale's Science Hill, Yale Shuttle and down the street from Yale School of Management.

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