Updated Dec 19, 2023
Zeshan A. Chaudhry Acquires Multifamily Property In Hartford County, Vernon, CT For $4.3M
51 Hartford Turnpike, Vernon, CT 06066, USA
$4,300,000
$91/SF
Building Size
46,850 SF
Asset Type
MultiFamily
Closing
Jul 13, 2020
About this deal
AI
The multifamily property located at 51 Hartford Turnpike in Hartford County, Vernon, CT has been sold. The property spans 46,850 square feet and consists of 127 rooms. The sale price for this transaction was $4,300,000, resulting in a price per square foot of $91.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,300,000
- Address: 51 Hartford Turnpike, Hartford County, Vernon, CT
- Market: Hartford County, Vernon, CT
- Square Footage: 46,850
- Rooms: 127
Tushar Patel was the seller, while Zeshan A. Chaudhry was the buyer in this transaction.
Players
Manchester 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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93