WP Properties, LLC Acquires 13.26 Acre Land In Milford, CT For $1.5M

WP Properties, LLC has recently acquired a 13.26-acre land parcel located at 185 Plains Rd in Milford, CT. The transaction was facilitated by Carl Russell of Pearce Commercial Real Estate, who represented the buyer in this deal. The seller of the property was WDC Milford Associates Limited Partnership.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $1,500,000
• Address: 185 Plains Rd, Milford, CT
• Market: Milford, CT
• Buyer: WP Properties, LLC
• Seller: WDC Milford Associates Limited Partnership
• Broker: Carl Russell - Pearce Commercial Real Estate
• Acres: 13.26

This transaction represents an investment opportunity for WP Properties, LLC to acquire a sizable parcel of land in Milford, CT. The sale price of $1,500,000 equates to a price per acre of approximately $113,122. The land is located on Plains Rd, offering potential for various development possibilities.