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48 High Street

Updated Apr 9, 2026

Sky Realty Group Sells 20-Unit Luxury Apartment Complex In Bristol, CT For $2.96M, Represented By Anne-Marie Dube & Sandy Strickling
SOLDMultiFamily

Sky Realty Group Sells 20-Unit Luxury Apartment Complex In Bristol, CT For $2.96M, Represented By Anne-Marie Dube & Sandy Strickling

48 High Street

$2,958,500

Units

20

Asset Type

MultiFamily

Closing

Aug 18, 2023

About this deal

AI

Anne-Marie Dube and Sandy Strickling from Sky Realty Group facilitated the sale of a 20-unit luxury apartment complex located at 48-60 High St in Bristol, CT. The property is situated between downtown and Bristol Hospital, offering a convenient location for residents.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,958,500
  • Address: 48-60 High St, Bristol, CT
  • Market: Bristol, CT

The 20-unit luxury apartment complex was sold for a price of $2,958,500. Each unit had an average price per unit (PPU) of $147,925. The property is ideally located between downtown Bristol and Bristol Hospital, providing easy access to various amenities and services.

Anne-Marie Dube and Sandy Strickling, representing Sky Realty Group, played a crucial role in facilitating this transaction. They acted as the brokers for the buyer and seller, ensuring a smooth and successful sale.

Players

Sandy Strickling

Sky Realty Group

Broker

$13.6M

vol

2 deals

Broker

Clarksville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $147.9K per unit across 20 units on a published $3M (2023).

Visit Sandy Strickling to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.36%

Cash-on-Cash

-1.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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