NorthEast Private Client Group Facilitates $12.21M Sale Of Multifamily Properties In Bridgeport CT

The transaction involves the sale of five multifamily properties located at 838 Wood Avenue, 125 Granfield Avenue, 165 Mckinley Avenue, 199 Mckinley Avenue, 1795 North Avenue, and 25 Saint Stephen Street in Bridgeport, CT. The sale price for these assets totaled $12,215,000, which translates to a price per unit of $105,302, with a total of 116 units included in the deal.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,215,000
• Units: 116
• Price Per Unit: $105,302
• Market: Bridgeport, CT

Northeast Private Client Group played a crucial role in arranging the sale, with managing director Bradley Balletto and senior associate Richard Edwards representing the seller and procuring the buyers for all three transactions involved.