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Multifamily

Clemens Place

Hartford, CT

642 Units

Built in 1940

Value Add

Investment Highlights

  • Value-Add Opportunity - Review of the competitive submarket strongly supports enhanced rent of $125 to $300+ per unit, per month.
  • Tax Abatement - Tax abatement agreement is through 2040 (583 units).
  • Half-Mile to Border of West Hartford - One of the hottest rental markets in the Northeast and home to West Hartford Center/Blue Back Square.

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