The offering is a fully approved and fully permitted 66-unit multifamily development site located at 100 S Cherry Street, Wallingford, CT. The project is 100% shovel-ready, with all architectural, engineering, site, and environmental work completed and permits in place. Approved Development • 66 total units: • (33) 1BR / 1BA • (33) 2BR / 1.5BA townhomes • 20 affordable units included (10 of each unit type) • Designed for modular construction with Signature Building Systems, reducing build time and cost Site & Utilities • City water and sewer on site • Wallingford Electric (municipal power; among the lowest costs in CT) • All-sand soil conditions, ideal for development • On-site materials included, valued at $150K–$200K Financial Overview • Estimated stabilized value: ~$19M • Construction budget and stabilized pro forma available upon request Expansion Potential Adjacent parcels available separately allow expansion to 120+ total units, including: • 110 S Cherry Street (~30 units) • Rear parcel (10–12 units) • 194 Ward Street (~16 units) • Adjacent garage parcel (24–28 units) Due Diligence Available • Approval letter • Site plans • Phase I & II environmental • Architectural plans • Construction budget • Signature Building Systems agreement • Stabilized pro forma