Riverview at Riverheights is a Fully Approved, Shovel Ready 57 Unit Development project offered for $2,950,000. The Data Room has two NOI(s) one is for a performing part of the development and the other is upon completion of the project. Owner will consider an Equity Investment or an Outright Sale
Riverview at Riverheights is an Exceptional Investment Opportunity:
A uniquely beautiful 4.2 acres, complete with full Approvals along with plans for 57 beautiful rental units complimented by magnificent views of the Norwich Harbor and Thames River. 8 units are completed already generating $18,000/monthly
income with a $147,000 annual NOI.
With it’s Current Value of : $ 4.9 Million and a Fully Built-Out Value over: $18.0 Million
As well as a superior location in a booming rental market, Riverview at Riverheights is the perfect multi-family housing choice for smart
Investors and buyers. Southeastern CT has the strongest fastest growing employment market in the State of CT!!
Please refer to the Offering Memorandum for Project Pricing and complete details. Full plans are available upon request.