Acquisition/Construction Loan
- $55,000,000
- 210-Units
- Newtown, CT
Axiom Capital has structured and arranged a $55,000,000 acquisition/construction loan for 210-unit multifamily apartment community located in the town of Newtown, Fairfield County, CT.
The property consists of eight buildings with a total of 210 one-, two-, and three-bedroom units on approximately 22.08 acres. Parking includes 161 garage spaces and 249 surface spaces. Unit features include vinyl plank flooring, kitchens with quartz countertops and stainless-steel appliances, in-unit washer and dryer, and a balcony or patio. The property is located with convenient access to I-84 and nearby roadways.
