SOLDMultiFamily
Connecticut Realty Trust Sells 40-Unit Multifamily At 295 Elm Street West Haven For $5.2M
295 Elm Street
$5,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Sep 2, 2025
AI
A 40-unit multifamily apartment building was sold for $5,200,000 located at 295 Elm Street in West Haven, Connecticut. The price per unit was $130,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,200,000
- Units: 40
- Address: 295 Elm Street
- Market: West Haven, CT
- Seller: Connecticut Realty Trust
- Brokers: Bradley Balletto, Richard Edwards, Jeff Wright & Derek Mahabir - NorthEast Private Client Group
The Northeast Private Client Group facilitated the transaction, representing the seller, Connecticut Realty Trust, while securing a New York City-based private investor as the buyer.
Players
NorthEast Private Client GroupBrokerage
West Haven 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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93