SOLD
Camber Property Group Acquires Oakland Heights Apartments For $23M In Manchester, CT
360 Oakland Street
MultiFamily
Sold 253 days ago
Summary
Sale
CONNECTICUT
MultiFamily
Camber Property Group has acquired Oakland Heights Apartments, a 106-unit affordable housing community in Manchester, Connecticut, for $23 million. The property is located at 360 Oakland Street and offers a total of 106 units. The purchase price equates to approximately $216,981 per unit.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $23,000,000
- Address: 360 Oakland Street, Manchester, CT
- Market: Manchester, CT
Alex Hernandez, Chuck Kohaut, Jason Blankfein, John Alascio, and TJ Sullivan from Cushman & Wakefield served as the mortgage brokers for the deal. Greystone provided the financing for the acquisition.
Players
All
7
Agents
5
Agencies
1
Lenders
1
Details
SOLD
IMAGE: Andrew Moelis, Jason Blankfein, Chuck Kohaut, John Alascio, Rick Gropper, Alex Hernandez & TJ Sullivan
DATE: 08/21/2023
ADDRESS: 360 Oakland Street
MARKET: Manchester, CT
ASSET TYPE: MultiFamily
BUYER: Camber Property Group
MORTGAGE BROKERS: Alex Hernandez, Chuck Kohaut, Jason Blankfein (@JasonBlankfein), John Alascio & TJ Sullivan - Cushman & Wakefield (@CushWake)
LENDER: Greystone (@GreystoneCREF)
SALE PRICE: $23,000,000
UNITS: 106 ~ PPU: $216,981
NOTE: Camber Property Group has completed the acquisition of Oakland Heights Apartments, a 106-unit affordable housing community in Manchester, Connecticut, for $23 million.View on map
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Address360 Oakland Street
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