Northeast Private Client Group® is pleased to exclusively present for sale The Cove Collection, a 34-Unit, 9 building value-add apartment community located in the Shippan/Cove neighborhood of Stamford Connecticut. 12 units remain unrenovated allowing for a new owner to capture significant renovation premium. On average, leased rents are over $300/month below market rents achieved at comparable properties nearby. A new owner can capture the remaining upside by renovating the remaining units, marking current rents to market, completing attic expansions in several of the buildings, and converting the remaining building on oil heat to tenant-paid gas or electric HVAC. Located at the intersection of Frederick Street and Wardwell Street, The Cove Collection is made up of 1BR and 2BR units. The location of the community is ideal for regional accessibility, having near immediate access to Interstate 95 and being only a 5 minute drive from the Stamford Train Station. This makes The Cove Collection appealing to commuter tenants as well as tenants that work in Downtown Stamford. The Cove Collection is an excellent investment opportunity for buyers looking to secure upper-working-class-catering multi-family product, a product type that has enjoyed high tenant demand, that will benefit from the growing Stamford market without needing to be concerned about the continuous delivery of new Class-A multi-family product into an already substantial Class-A inventory. The Cove Collection features accretive financing cross-collateralized with Wharton & Parsons Apartments. The financing may be assumable if the property is purchased as a portfolio with Wharton & Parsons Apartments. The Cove Collection is available individually or as a portfolio with Wharton & Parsons Apartments and/or Colchester Estates. Location: 149-160 Frederick Street & 156-164 Wardwell Street, Stamford, CT