225 Winthrop Avenue located in the Dwight neighborhood of New Haven, CT. This property is fully occupied and generates $50, 400 in current gross income, providing an in-place NOI of $26, 901. Rent increases to $2, 000 per (3) bedroom unit will boost performance marking a 7.38% CAP rate proforma. At a 75% LTV entry, these assets facilitate a 1.06 DSCR. 80% LTV options are available for qualified borrowers. This property features all (3) bedroom units, tenant-paid utilities, public water/sewer, in unit washer/dryer hookups, and a low operating expense profile. This is a stabilized asset providing strong upside with lease up to market rents.
225 Winthrop Avenue located in the Dwight neighborhood of New Haven, CT. This property is fully occupied and generates $50, 400 in current gross income, providing an in-place NOI of $26, 901. Rent increases to $2, 000 per (3) bedroom unit will boost performance marking a 7.38% CAP rate proforma. At a 75% LTV entry, these assets facilitate a 1.06 DSCR. 80% LTV options are available for qualified borrowers. This property features all (3) bedroom units, tenant-paid utilities, public water/sewer, in unit washer/dryer hookups, and a low operating expense profile. This is a stabilized asset providing strong upside with lease up to market rents.
225 Winthrop Avenue located in the Dwight neighborhood of New Haven, CT. This property is fully occupied and generates $50, 400 in current gross income, providing an in-place NOI of $26, 901. Rent increases to $2, 000 per (3) bedroom unit will boost performance marking a 7.38% CAP rate proforma. At a 75% LTV entry, these assets facilitate a 1.06 DSCR. 80% LTV options are available for qualified borrowers. This property features all (3) bedroom units, tenant-paid utilities, public water/sewer, in unit washer/dryer hookups, and a low operating expense profile. This is a stabilized asset providing strong upside with lease up to market rents.
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