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Brad Balletto Brokers $4.1M Sale Of 53-Unit Multifamily Property In New Britain, CT

Property Image
SOLD
$4,100,000

Connecticut

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MultiFamily375 SF
Sold 09/28/2021
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Property Image
SOLD

Brad Balletto Brokers $4.1M Sale Of 53-Unit Multifamily Property In New Britain, CT

12 Washington St, New Britain, CT, USA

See Similar Deals
MultiFamily375 SF
Sold 09/28/2021
the dealplayerscompscontact
Contact now

Summary

CONNECTICUT
Asset Type:MultiFamily
Price Per Square Foot:$10,933
Total Square Footage:375 SF
Transaction Type:Sale

A multifamily property located at 12 Washington St in New Britain, CT has been sold for a sale price of $4,100,000. The transaction took place on 09/28/2021. The property consists of 53 units, resulting in a price per unit of $77,358. The capitalization rate for this transaction is 7.35%.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,100,000
  • Address: 12 Washington St
  • Market: New Britain, CT
  • Units: 53
  • Price per Unit: $77,358
  • Capitalization Rate: 7.35%

The sale of this multifamily property was facilitated by Brad Balletto from Northeast Private Client Group.

Players

NorthEast Private Client Group
NorthEast Private Client Group
BROKERAGE

Details

SOLD
IMAGE: Brad Balletto DATE: 09/28/2021 ADDRESS: 12 Washington St MARKET: New Britain, CT ASSET TYPE: Multifamily BROKER: Brad Balletto - Northeast Private Client Group SALE PRICE: $4,100,000 UNITS: 53 ~ PPU: $77,358 CAP: 7.35%

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