Alchemi Group has once again invested in the South End of Stamford, Connecticut with the purchase of this four unit apartment building. The Group anticipates prices in this area will double over the the next five years. The current rent from the Henry Street property gives a yield of 7.87%, providing a positive cash flow during the planning and permit stages of this project. The Group is planning to demolish the current property and build a row of five modern, environmentally friendly townhouses.

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