Chozick Realty Facilitates $30M Sale Of 102-Unit Multifamily Property In Griswold, CT
122 Pleasant View Street
$30,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 3, 2023
AI
Pleasant View Estates, a 102-unit newly constructed multifamily property located at 122 Pleasant View Street in Griswold, Connecticut, has been sold for a price of $30,000,000. The sale was facilitated by Chozick Realty, a local brokerage firm.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $30,000,000
- Address: 122 Pleasant View Street, Griswold, CT
- Market: Griswold, CT
- Broker: Rick Chozick - Chozick Realty
Chozick Realty played a significant role in overseeing the transaction of Pleasant View Estates. This multifamily property, situated near the Connecticut-Rhode Island border, offers modern amenities and was a newly constructed development at the time of the sale.
Players
Jewett City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93