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6 Eagle Court

Chozick Realty Arranges $3 Million Sale Of 40-Unit Multifamily Property In Mansfield
SOLDMultiFamily

Chozick Realty Arranges $3 Million Sale Of 40-Unit Multifamily Property In Mansfield

$3,000,000

Building Size

Asset Type

MultiFamily

Closing

May 15, 2026

AI

The property involved in the transaction is Eagle Court Apartments, located at 6 Eagle Court, Mansfield, CT. This multifamily asset includes 40 units and is categorized as student housing, specifically serving students at the University of Connecticut. The sale price for the property was $3,000,000, which equates to a price per unit of $75,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000
  • Units: 40
  • Price Per Unit: $75,000
  • Broker: Thomas Boyle - Chozick Realty

Chozick Realty facilitated the transaction, representing the interests involved in the sale of the 40-bed student housing property. Thomas Boyle was the broker responsible for aligning the buyer and seller in this significant real estate deal.

Players

Thomas Boyle

Chozick Realty

Broker

$31.9M

vol

4 deals

Broker

Market 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93