Colony Hills Acquires Trumbull Multifamily For $101.1M

The multifamily property located at 100 Avalon Gates in Trumbull, CT has been sold for a price of $101,100,000. The property comprises 339 units with an average price per unit of $298,230. It spans a total area of 389,047 square feet, resulting in a price per square foot of $259.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $101,100,000
• Units: 339
• Price per Unit: $298,230
• Total Area: 389,047 square feet
• Price per Square Foot: $259

The buyer of the property is Colony Hills, while the seller is comprised of SYM Investments and Skywood Properties. The transaction was facilitated by Jonathan Brody from Rosewood Realty Group, acting as the broker.