Updated Sep 9, 2024
Chozick Realty Facilitates $6.5M Multifamily Sale In West Hartford, CT
5 Highland Street, West Hartford, Connecticut 06119, United States
$6,500,000
Units
39
Asset Type
MultiFamily
Closing
Aug 18, 2022
About this deal
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.
The multifamily sale at 5 Highland Street, West Hartford, Connecticut 06119, United States in West Hartford, Connecticut sold for $6.5M in 2022. Reported inventory is 39 units across 39 units. Tom Boyle, Steve Pappas, Chozick Realty, Lee & Associates appear on the sale alongside Chozick Realty, Lee & Associates. This page is the West Hartford, Connecticut file for the 5 Highland Street, West Hartford, Connecticut 06119, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same West Hartford sit in the Market section below. Filter that West Hartford multifamily set by closing date to see what else sold near 5 Highland Street, West Hartford, Connecticut 06119, United States around 2022. Published consideration for 5 Highland Street, West Hartford, Connecticut 06119, United States is $6.5M, dated 2022. Cite this Chozick Realty Facilitates $6.5M Multifamily Sale In West Hartford, CT sale when underwriting similar multifamily product around West Hartford, Connecticut.
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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