Sym Investments Acquires Multifamily Property In Trumbull, CT For $82M

Located at 100 Avalon Gates in Trumbull, CT, this multifamily property has recently changed hands in a closed transaction. The property is comprised of 340 units and was sold for a total price of $82,000,000, resulting in a per unit price of $241,176.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $82,000,000
• Units: 340
• Price Per Unit: $241,176
• Seller: Paredim Partners & LEM Capital
• Buyer: Sym Investments
• Brokers: Gene Pride, Jeremy Neuer, Steve Bardsley, David Gavin, & Stuart MacKenzie - CBRE

The sale of this property was facilitated by the brokers Gene Pride, Jeremy Neuer, Steve Bardsley, David Gavin, and Stuart MacKenzie from CBRE. The buyer, Sym Investments, acquired the property from sellers Paredim Partners and LEM Capital.