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819-833 Main St 103 Unit Apartment Building $4,187,760 CAD ($40,658 CAD/Unit) Willimantic, CT 06226

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EXECUTIVE SUMMARY

Developer looking to sell development site approved for 103 units new construction with tax abatement.

PROPERTY FACTS

Price	$4,187,760 CAD	Apartment Style	Mid-Rise
Price Per Unit	$40,658 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.70 AC
Sale Condition	Redevelopment Project	Building Size	125,000 SF
No. Units	103	No. Stories	5
Property Type	Multifamily	Year Built	1926
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-1 - Willimantic approved a new plan for development of 103 units

Price	$4,187,760 CAD
Price Per Unit	$40,658 CAD
Sale Type	Investment
Sale Condition	Redevelopment Project
No. Units	103
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid-Rise
Building Class	C
Lot Size	0.70 AC
Building Size	125,000 SF
No. Stories	5
Year Built	1926
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	B-1 - Willimantic approved a new plan for development of 103 units