RECENTLY CLOSED TRANSACTIONS

Garfield Avenue Apartments is a well-maintained 38-unit multifamily asset located at 143-153 Garfield Avenue in New London, Connecticut. Situated in the heart of this dynamic coastal city, the property offers an exceptional opportunity to acquire a stable, income-producing investment with significant upside potential. Garfield Avenue Apartments is comprised entirely of one-bedroom apartments, with consistently high occupancy levels. The property features an attractive brick exterior, ample off-street parking for residents, and well-maintained common areas. Its location offers excellent connectivity to key economic drivers, including General Dynamics Electric Boat, US submarine base, Foxwoods Resort Casino, Mohegan Sun, Lawrence + Me-morial Hospital, and the United States Coast Guard Academy, all of which con-tribute to a steady demand for rental housing in the area. In addition, the property is just minutes from I-95 and public transportation, providing easy access to the broader region.