Daily limit: 0/10
$23M Multifamily Property Sold In CT With 129 Units | Sherwood Pl | Buyer's Rep: [Name] & Seller's Rep: [Name]
SOLD
$23,000,000
Connecticut
See Similar DealsMultiFamily
Sold 05/16/2023
SOLD
$23M Multifamily Property Sold In CT With 129 Units | Sherwood Pl | Buyer's Rep: [Name] & Seller's Rep: [Name]
490 Sherwood Pl #1126 Stratford, CT 06615, USA
See Similar DealsMultiFamily
Sold 05/16/2023
Summary
CONNECTICUT
Asset Type:MultiFamily
Transaction Type:Sale
On May 16, 2023, a property located at 490 Sherwood Pl CT 06615, USA, was sold for a total price of $23,000,000. The property consists of 129 units, with an average price per unit of $178,294.57. The sale also included an undefined amount of square footage, with an uncalculatable price per square foot. The market where this transaction took place is not specified in the available information.
Summary of transaction details
- Property Type: Unknown
- Transaction Amount: $23,000,000
- Units: 129
- Price Per Unit: $178,294.57
- Square Footage: Unknown
- Price Per Square Foot: Unknown
No further details regarding the buyer, seller, buyer's representative, seller's representative, or brokers involved in the transaction were provided. Additionally, no specific market was mentioned.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,226,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$81,714.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$109,031.73
Annual Debt Service$1,308,380.81
Is there something missing? Send suggestions