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123 Green St, New Britain, ...

Multifamily Sale In New Britain, CT Nets $1.6M Through Horvath & Tremblay
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.

Players

Timothy Hines

Horvath & Tremblay

Broker

$13.3M

vol

4 deals

Broker

New Britain MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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