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REGARDING LEASING,
please email us at
leasing@newbostonfund.com
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Exchange Place Towers
Waterbury, CT 06702

Acquired

9/29/2008

Location

Exchange Place is located in the heart of Waterbury, CT, adjacent to the city green.

Description

Exchange Place Towers is an 11-story apartment community totaling 150 units situated in downtown Waterbury, CT. The property provides affordable age-restricted housing to residents over 55, housing that remains under-supplied in communities across the country. The property was acquired as part of a portfolio of government-subsidized housing in and around Waterbury in partnership with Beacon Communities, an experienced housing management and investment company in New England.

Investment Rationale

In-place government contract provides stability of cash flows with future upside
Project has a lengthy waiting list of residents
Contributes to the mission of USA Fund to provide affordable, quality housing

Fund Ownership

Map

For more information regarding properties for sale, please email us at sales@newbostonfund.com or call 1.866.DIAL.NBF