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76 Ridge St 6 Unit Apartment Building Offered at $1,394,500 CAD at a 6.36% Cap Rate New Haven, CT 06511



Investment Highlights
- Prime Location
- Off-street Parking
- Lots of Natural Light
Executive Summary
Prime opportunity to acquire a 6-unit multifamily property in a highly desirable New Haven location. This income-producing building features six residential units with strong rental appeal and consistent demand. The property includes separate utilities and convenient access to public transportation, Yale University, downtown New Haven, shops, restaurants, and major highways. Ideal for investors seeking stable cash flow with long-term growth potential.
The current rent roll is approximately $9,300/month, with pro forma rents projected around $10,800/month, creating a meaningful opportunity for the next owner to increase income through lease-up and continued stabilization.
The current rent roll is approximately $9,300/month, with pro forma rents projected around $10,800/month, creating a meaningful opportunity for the next owner to increase income through lease-up and continued stabilization.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,161 CAD | 800 - 950 |
| 3+1 | 2 | $2,161 CAD | 950 - 1,100 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
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76 Ridge St
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