Apartments > 31 Ferris Ave

Background

31 Ferris Ave consists of 40 units spread across 6 buildings, each offering opportunities for value creation. The property is conveniently located near I-95 and offers a combination of 1, 2, and 3 bedroom apartments that were all well maintained by prior ownership. Workforce Partners plans to renovate each of the units with a modern interior package that will bring out the full potential of each unit.

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 each of these properties in the near future.

Highlights

Location31 Ferris Ave
City & StateNorwalk, CT
# of Units40
Year Purchased2017