
Chester + Deep River Package
Two multifamily parcels with mixed-use components
Marketing description
VC Property Group is proud to present a two-property mixed-use and multifamily package located in Chester and Deep River, two of the most desirable towns in the Lower Connecticut River Valley.
The offering includes:
59 Maple Street (Chester): 7-unit multifamily asset with an additional ~1,500 SF commercial warehouse on 2.5+ acres
163 Main Street (Deep River): 5-unit mixed-use property positioned at the gateway to the downtown retail corridor
The portfolio is fully occupied and generates approximately $210,000+ in current gross income, with upside to over $290,000+ stabilized, driven by residential and commercial rent growth.
At stabilization, the portfolio delivers approximately $185,417 NOI and a 8.83% cap rate, supported by a strong 1.66x DSCR.
This is a rare opportunity to acquire scale across two supply-constrained markets, combining in-place cash flow with clear mark-to-market upside across both residential and commercial components.
Investment highlights
- 10 residential units
- 3 commercial anchor tenants
- Supply limited submarket
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