Horvath & Tremblay Facilitates $1.5M Multifamily Sale On Dunlay St, New Britain
21 Dunlay Street, New Britain, Connecticut 06051, United States
$1,475,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 18, 2022
AI
A multifamily property located at 21 Dunlay St in New Britain, CT has been sold for a price of $1,475,000. The transaction took place on November 18, 2022, and was facilitated by Tim Hines from Horvath & Tremblay.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,475,000
- Address: 21 Dunlay St, New Britain, CT
- Broker: Tim Hines - Horvath & Tremblay
The sale of this multifamily property highlights the successful collaboration between the buyer, seller, and their respective representatives. The involvement of Tim Hines from Horvath & Tremblay played a crucial role in facilitating the transaction and ensuring a smooth process for both parties involved.
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
10.75%
Cash-on-Cash
-3.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93