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REGARDING LEASING,
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leasing@newbostonfund.com
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Seaside Village Condominiums
Niantic, CT 06357

Acquired

5/1/2007

Location

38 Hope Street is located in the heart of downtown Niantic, CT, by the shores of Dodge Pond and within quick walking distance to the Long Island Sound beachfront. The community offers easy access to the shops and restaurants of Niantic as well as to Route I-95, with direct links to Boston and New York City.

Description

38 Hope Street will be a vibrant residential community located in Niantic, CT consisting of a mix of 1-2 bedroom flats and two-bedroom, two-story townhomes. Construction started in May 2007 and in the fall of 2008, 53 units comprising Phase 1 of the 150-unit project were delivered. Phase 1 units include 17 townhouses clustered in three buildings and 36 flats located in one signature three-story building at the front of the property.

Investment Rationale

The community is well situated in downtown Niantic with easy access to retail amenities and the Niantic Bay waterfront.
38 Hope Street re-uses a site in the heart of Niantic that was formerly used as a manufacturing and warehouse property, helping to fill a void in the community`s downtown.
The community will provide quality housing options for the region`s workforce
Click here to view the community`s website



Fund Ownership

Map

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