Camber Property Group Acquires Oakland Heights Apartments For $23M In Manchester, CT

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.