Chozick Realty Facilitates $6.5M Multifamily Sale In West Hartford, CT
5 Highland Street, West Hartford, Connecticut 06119, United States
$6,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 18, 2022
AI
A multifamily property located at 5 Highland St in West Hartford, CT has been sold for a price of $6,500,000. The property consists of 39 units, with a price per unit of $166,667.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,500,000
- Units: 39
- Price Per Unit: $166,667
- Address: 5 Highland St, West Hartford, CT
The sale was facilitated by Tom Boyle and Steve Pappas of Chozick Realty, who represented the buyer and seller in the transaction.
Players
West 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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93