Background

3 Bedford consists of 86 units, offering plenty of opportunities for value creation. The property is conveniently located near I-95 and offers a mix of one and two bedroom apartments that were well maintained by prior ownership. Workforce Partners plans to renovate the apartments with a modern interior package that will bring out the full potential of the property.

Story

This property is part of our recent portfolio purchase that consisted of 145 units across 4 different properties, all of which are located in Norwalk, CT. This portfolio was the second largest portfolio in Norwalk, and represents a major step for the growth of Workforce Partners. By capitalizing on significant existing synergies, Workforce Partners plans to add a large amount of value to this property in the near future.