Updated Apr 9, 2026
Sky Realty Group Sells Multifamily Property In Groton, CT For $10.65M
245 Benham Rd, Groton, CT, USA
$10,650,000
Units
112
Asset Type
MultiFamily
Closing
Aug 5, 2021
About this deal
AI
The multifamily property located at 245 Benham Rd in Groton, CT has been sold. The transaction took place on August 6, 2021. The property consists of 112 units, with each unit having an average price per unit (PPU) of $95,089. The total sale price for the property was $10,650,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,650,000
- Units: 112
- PPU: $95,089
The sale was facilitated by Sandy Strickling and Anne-Marie Dube from Sky Realty Group, who represented the parties involved in the transaction. Sandy Strickling and Anne-Marie Dube acted as the brokers in this deal.
Players
Groton 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
1.49%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93