Colony Hills Acquires Multifamily Property In Trumbull, CT For $101.1M

An multifamily property located at 100 Avalon Gates in Trumbull, CT has been sold for $101,100,000. The property consists of 339 units with an average price per unit of $298,230. The total square footage of the property is 389,047, resulting in a price per square foot of $259.

Summary of transaction details

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

The buyer in the transaction is Colony Hills, while the sellers are SYM Investments and Skywood Properties. The deal was facilitated by Jonathan Brody from Rosewood Realty Group, representing the parties involved.