Elm Tree Communities has sold Blueway Commons, an 88-unit multifamily community in Haddam, Conn. The buyer was RAK Realty.
Blueway Commons, located at 3 Brookes Court, offers direct access to State Route 9 with connectivity to Interstates 91 and 95, positioning residents within 30 minutes of Hartford and 25 minutes of New Haven. The property sits in the scenic Connecticut River Valley, an area with an average household income of $159,000 near major employers such as Yale University, Pratt & Whitney and Wesleyan University.
Blueway Commons, completed in two phases between 2023 and 2025, features spacious one- and two-bedroom apartments across five two-story residential buildings on 6.47 acres. The newly constructed class A community achieved 99 percent occupancy shortly after completion, demonstrating a strong demand for housing in the area. Units include granite countertops, stainless-steel appliances, luxury bathrooms and private patios or balconies. Community ame
