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Apartments > 104 South Main

Background

Our property at 104 South Main Street sits conveniently between two of our other properties. We assumed control of it through an innovative joint venture structure designed to meet the customized needs of the owner, including ongoing participation. The property is 4 blocks from the train station, which is a prime location for commuters.

Story

The property has undergone significant improvements since our 2014 closing, from exterior clean-up to apartment renovations to HVAC upgrades. We trimmed back the trees that draped the property in darkness. We’ve renovated all 18 apartments to our normal standard, including granite counters, stainless steel appliances, dishwashers, and washer/dryers. We replaced all of the boilers and the water-heater in the front building with high-efficiency gas models and added AC to the renovated apartments in the rear buildings. Finally, we completed a lighting efficiency project that will save significant electricity going forward.

Highlights

Location104 South Main
City & StateNorwalk, CT
# of Units18
Year Purchased2014