1083-1091 Whalley Avenue

Investment Overview

Northeast Private Client Group is pleased to exclusively present 1083–1091 Whalley Avenue , a newly constructed, 20-unit investment property in New Haven’s desirable Westville neighborhood. The property comprises three buildings on two contiguous parcels totaling 0.54 acres, with on-site paved parking. The unit mix includes studios, one- and two-bedroom apartments, two-bedroom townhomes with one-and-a-halfbaths, and three-bedroom units with two-and-a-half baths, along with one commercial space leased to a long-term operator. Most units have electric heat and central A/C, and many offer in-unit laundry. The two apartment buildings have wet sprinkler systems. New construction provides limited anticipated near-term capital needs, while introductory rents offer a meaningful opportunity to increase revenue without a renovation program. Across all 20 units, in-place rents average $1,694 per month against a pro forma average of $2,025, representing approximately $80,000 in potential annual rental upside. A new owner can capture higher residential rents through ordinary turnover. Westville offers a walkable village center with independent restaurants, shops, and galleries, complemented by tree-lined residential streets and nearby Edgewood Park and West Rock Ridge State Park. Rental demand is supported by Yale University, YaleNew Haven Health, and Southern Connecticut State University. Convenient access to Route 15, I-95, I-91, and rail service at Union Station strengthens the location’s appeal. 1083–1091 Whalley Avenue combines new construction, modern amenities, and substantial rental upside in one of New Haven’s most established residential neighborhoods. All qualified parties are invited to request the full offering package and schedule a private tour through Northeast Private Client Group

Investment Highlights

• New Construction
• Significant Rental Upside
• No Renovation Program Required
• Diverse Unit Mix
• Modern Amenities
• Desirable Westville Location