SOLDMultiFamily
Multifamily Sale In New Britain, CT Nets $1.6M Through Horvath & Tremblay
123 Green St, New Britain, Connecticut 06051, United States
$1,585,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 21, 2022
AI
A multifamily property located at 123-131 Green Street in New Britain, CT has been sold for a total price of $1,585,000. The property consists of 19 units, resulting in a price per unit of $83,421.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,585,000
- Address: 123-131 Green Street, New Britain, CT
- Market: New Britain, CT
- Broker: Tim Hines - Horvath & Tremblay
- Units: 19
- Price Per Unit: $83,421
Tim Hines from Horvath & Tremblay represented the parties involved in the transaction as the broker.
New Britain 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
10.01%
Cash-on-Cash
-2.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93