Suffield West Apartments LLC Sells Multifamily In Suffield, CT For $13M
2 Harmon Dr, Suffield, Connecticut 06078, United States
$13,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 20, 2022
AI
The multifamily property located at 2 Harmon Dr in Suffield, CT has been sold for a total price of $13,000,000. The sale took place on 10/21/2022. This property consists of 84 units, making the price per unit $154,762. The seller of this property was Suffield West Apartments LLC.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $13,000,000
- Address: 2 Harmon Dr, Suffield, CT
- Market: Suffield, CT
- Units: 84
- Price per Unit (PPU): $154,762
The brokers involved in this transaction were Tess Cullen and Jordan Pinto from Chozick Realty Inc, representing Suffield West Apartments LLC.
Players
Suffield 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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93