Capital Equity Partners has successfully raised $350,000 for the acquisition 24 Winchester St. Unit 1, in Brookline, MA as a new project. CEP typically does not purchase condos for renovation, but the location and price of the asset provided strong incentives to do so. The 1809 square foot condo boasts 3 bedrooms and 2 bathrooms and one off-street parking spot. The location is superb, less than 200 yards from Beacon St. and Coolidge Corner, a favorite area among locals. The plans for the unit are to renovate the kitchen and bathrooms, update the heating and cooling system, domestic hot water system, replace all the windows, and install a new master bathroom and walk-in closet to create a master suite, as well as a new laundry closet. The work is expected to be complete by March 2018. Funding was provided by Cambridge Savings Bank.
For more information on Capital Equity Partners, our history of returns, and how we operate, please download our prospectus or call 617-775-1777 to learn more.