Current snapshot
Current occupancy
100%
As of 2026-03-31
Current value
$215K
Starting reference $209K
Quarterly NOI
$3K
Stabilized value $364K
Latest update

Current occupancy is 100%, NOI for the current reporting period is $3K. Property-level narrative can be expanded in a later reporting pass.

16 Avon St is a direct Manchester acquisition focused on turning units, improving rents, and moving the asset toward stabilized operations.

Closing date

10/24/25

Sale price

$870K

Total closing fees

$35K

Total starting basis

$905K

CAPEX budget

$60K

CAPEX spend to date

$51K

Starting reference

Current market value

Stabilized value

$1.06M

Total operating income

$16K

Total operating expenses

$13K

Day one loan

$696K

Construction holdback

$60K

Interest rate

6.40%

Monthly debt service

$4K

Related fund links

Shared documents and links currently attached to the parent fund page.

Fund folder
Deal memo — link coming soon
Underwriting — link coming soon

Quarter-over-quarter trends

Placeholder charts for upcoming property trend visualization.

Occupancy

Q/Q chart placeholder

Net operating income

Q/Q chart placeholder

Operating expenses

Q/Q chart placeholder

Operating income

Q/Q chart placeholder

CAPEX

Q/Q chart placeholder