![$23M Multifamily Property Sold In CT With 129 Units | Sherwood Pl | Buyer's Rep: [Name] & Seller's Rep: [Name]](https://d3a6q8f50538y6.cloudfront.net/0w01daquuwh94xp9za4r8lr721m2?content_type=image/jpeg&vercelOptimize=false)
$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
$23,000,000
Building Size
—
Asset Type
MultiFamily
Closing
May 16, 2023
AI
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
Stratford MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93