Chozick Realty Facilitates $3.3M Sale Of Multifamily Property In Hartford, CT
37 Kenyon Street, Hartford, Connecticut 06105, United States
$3,325,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 17, 2022
AI
The property involved in this transaction is a multifamily asset located at 37 Kenyon St and 4 Atwood St in Hartford, CT. The sale occurred at a price of $3,325,000, with a total of 38 units, resulting in a price per unit of $87,500.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,325,000
- Units: 38
- Price Per Unit: $87,500
- Broker: Tess Cullen - Chozick Realty
- Sale Date: 03/18/2022
Tess Cullen from Chozick Realty represented the seller in this transaction. The deal reflects a significant multifamily property exchange in the Hartford real estate market.
Players
Hartford 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
4.77%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93