SOLDMultiFamily
Chozick Realty Sells Multifamily Property In West Hartford, CT For $2.8M
787 Farmington Avenue, West Hartford, CT, USA
$2,800,000
$116/SF
Building Size
23,988 SF
Asset Type
MultiFamily
Closing
Jul 23, 2020
AI
The multifamily property located at 787 Farmington Avenue in West Hartford, CT has been sold for $2,800,000. The transaction took place on July 23, 2021, and the property consists of 18 units. The price per unit was $155,555.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $2,800,000
- Units: 18
- Price Per Unit: $155,555
Rick Chozick from Chozick Realty brokered the deal.
Players
West Hartford 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93