Moshe Bloorian Acquires Multifamily Property In New Britain, CT For $7.5M

Moshe Bloorian has purchased two multifamily properties located at 1300 & 1412 East Street in New Britain, CT. The transaction was facilitated by Westley Klockner from Institutional Property Advisors. The properties consist of a total of 63 units, with a price per unit of $119,048. The combined square footage of both properties is 70,528, with a price per square foot of $106. The total sale price for the transaction was $7,500,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,500,000
• Units: 63
• Price per Unit: $119,048
• Square Footage: 70,528
• Price per Square Foot: $106
• Buyer: Moshe Bloorian
• Seller: Robert Wolf
• Broker: Westley Klockner - Institutional Property Advisors

The transaction was completed as part of the strategic acquisition and repositioning efforts of Greyhill Group. For any opportunities or additional information, contact Greyhill Group at [email protected], [email protected], or [email protected].