100 UNIT MULTI-FAMILY INVESTMENT OPPORTUNITY Waterbury, Connecticut

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1 100 UNIT MULTI-FAMILY INVESTMENT OPPORTUNITY Waterbury, Connecticut

2 TABLE OF CONTENTS 1 EXECUTIVE SUMMARY OPPORTUNITY INVESTMENT HIGHLIGHTS FINANCIAL INFORMATION ASSET PROFILE AERIAL VIEW REGIONAL MAP AREA DEVELOPMENTS GREAT AMERICAN AQUACULTURE PLANT KING INDUSTRIES INC. COMPLEX WATERBURY NEXT FOOD HUB 4 CONFIDENTIALITY AGREEMENT

3 EXECUTIVE SUMMARY OPPORTUNITY Coldwell Banker Commercial Advisors is pleased to offer for sale this expansive Waterbury Portfolio. This portfolio consists of 9 properties with 94 residential units and 6 commercial retail units. The average property size is,506 SF on 0.17 acres of land. Of the 9 properties, there are eleven (11) single family, eight (8) -unit, fifteen (15) -unit, two () 4-unit and three () 5+-unit properties. This is a great opportunity for anyone looking to own cash flowing properties in Connecticut. Asking Price: $6,000,000

4 EXECUTIVE SUMMARY INVESTMENT HIGHLIGHTS 9 total properties 94 residential units and 6 commercial units 11 single family, 8 two-unit, 15 three-unit, four-unit and five+ unit properties Waterbury is the 5th most populous city in Connecticut Two hours from Boston, 90 minutes from New York City, and 0 minutes from Hartford, Bridgeport, New Haven, and Danbury

5 EXECUTIVE SUMMARY FINANCIAL INFORMATION INCOME ProForma EXPENSES ProForma Rental Income $919,80 Vacancy (5%) $45,969 TOTAL INCOME $87,411 Repairs & Maintenance $50,000 Water & Sewer $55,446 Taxes - Property $157,68 Insurance $48,01 Management Fee (4%) $4,96 TOTAL EXPENSE $46,076 NET INCOME ASKING PRICE CAP $57,5 $6,000, %

6 FOUR+ UNIT PROPERTIES

7 60 FAIRFAX STREET , RM

8 196 COOKE STREET , RM 8 (4 commercial)

9 17-19 GREENMOUNT TERR , RM

10 BANK STREET , RM 7 ( commercial)

11 11 SHELLEY STREET , RM 5.5

12 THREE-UNIT PROPERTIES

13 9-11 WOODLAWN TERR , RM

14 4 WILLOW STREET , RM

15 TAYLOR STREET , RM

16 9 CONGRESS AVE , RH 1 5

17 5-7 SILVER STREET , CG

18 STILES STREET , RL 18 9

19 4 N. WALNUT STREET , RL

20 1 HARVARD STREET , RS 1 4

21 19 HOWARD STREET , RM 15 6

22 161 SOUTHMAYD RD , RL 15 6

23 16 FREDERICK STREET , RM

24 15 WATERVILLE STREET ,69 19 RM

25 15 GREENMOUNT TERR , RM 1 6

26 14 HILL STREET , RM

27 1 PUTNAM STREET , RM 14 6

28 TWO-UNIT PROPERTIES

29 66 LINDEN STREET , RH

30 58 COLUMBIA BLVD EXT , RL 1 8 4

31 468 PERKINS AVENUE , RM 8 4

32 448 COLUMBIA BLVD EXT , RL 8 4.5

33 4 RUTLEDGE STREET , CG 8 4

34 8 TAYLOR STREET , RM 10

35 179 RHODE ISLAND AVENUE , RL

36 1108 WEST MAIN STREET , RO 10 4

37 SINGLE FAMILY PROPERTIES

38 99 HILL STREET , RM

39 616 CHASE AVENUE ,4 199 CA 1 6 1

40 58 GILES STREET RM

41 6 LAKEWOOD ROAD , RL

42 1 YALE STREET , RS 1 6 1

43 6 TROWBRIDGE STREET , RL

44 49 SYLVAN AVENUE , RL 1 8 4

45 186 HOPE STREET , RL

46 119 NEW HAMPSHIRE AVENUE , RL 1 1 6

47 116 CHASE PARKWAY , RO

48 11 EDGEHILL AVENUE , RL

49 PROPERTY OVERVIEW AERIAL VIEW

50 PROPERTY OVERVIEW REGIONAL MAP

51 AREA DEVELOPMENTS GREAT AMERICAN AQUACULTURE In 016, Great American Aquaculture plans on opening a fish farm plant on Avenue of the Industries. This will be the largest indoor fish farm in the east. Furthermore, this plant will produce and harvest European Sea Bass and provide the residents of Waterbury access to some of the freshest and most popular seafood.

52 AREA DEVELOPMENTS KING INDUSTRIES INC. MANUFACTURING COMPLEX King Industries Inc. intends to build a state-of-the-art manufacturing complex. This industrial manufacturing complex if 80,000 square feet and is an investment worth more than $50 million in Waterbury. Additionally, this manufacturing complex will provide roughly 60 jobs during construction and many more full-time, manufacturing jobs upon its completion.

53 AREA DEVELOPMENTS WATERBURY NEXT Waterbury NEXT is a $0 million public-private investment in downtown Waterbury. The city of Waterbury was given a historical federal TIGER grant, which it plans to use to improve the Waterbury rail branch, enhance mass transit in the city, renovate historic buildings and create more downtown apartments. The project intends to highlight the beauty and viability of the downtown area and thus has drawn the interest of several outside investors.

54 AREA DEVELOPMENTS FOOD HUB Brass City Harvest is using a $1.7 million state grant to build an agricultural sanitation station in the South End of Waterbury. The building will be 40,000 sf and located along Mill Street, between South Liberty and South streets. The project is expected to provide area farmers a center for processing and distributing food, while simultaneously spurring development and job creation in Waterbury.

55 CONFIDENTIALITY AGREEMENT 015 CBC Advisors, Inc. operates within a global family of companies with many subsidiaries and/ or related entities (each an Affiliate ) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. Those, or other, Affiliates may express an interest in the property described in this Memorandum (the Property ) may submit an offer to purchase the Property and may be the successful bidder for the Property. You hereby acknowledge that possibility and agree that neither CBC Advisors, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, CBC Advisors, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a manner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction described in this Memorandum. This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property. This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owner of the Property (the Owner ), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and CBC Advisors, Inc. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner. Neither the Owner or CBC Advisors, Inc, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property. The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/ or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner s obligations therein have been satisfied or waived. By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or CBC Advisors, Inc. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or CBC Advisors, Inc. If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to CBC Advisors, Inc. 9/015

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