Orchard Acres Apartments LLC Sells Multifamily Property In Storrs, CT For $12.5M | 89 Cheney Drive | Tom Boyle, Steve Pappas | MultiFamily | Sale

Summary

Sale

CONNECTICUT

MultiFamily

Located at 89 Cheney Dr in Storrs, CT, this multifamily property was recently sold in a closed transaction. The sale was facilitated by Tom Boyle and Steve Pappas of Chozick Realty, representing Orchard Acres Apartments LLC. The property consists of 96 units, with a sale price of $12,500,000. This translates to a price per unit of $130,208.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $12,500,000
Units: 96
Price Per Unit: $130,208

Tom Boyle and Steve Pappas of Chozick Realty played a vital role in this transaction, representing both the buyer and the seller. With their expertise in the Storrs, CT market, they successfully facilitated the sale of Orchard Acres Apartments LLC.

Players

All
4

Agents
2
Agencies
2

$80.3M Sold

$50.1M Sold

Details

Deal Summary

SOLD

IMAGE: Steve Pappas & Tom Boyle DATE: 08/05/2022 ADDRESS: 89 Cheney Dr MARKET: Storrs, CT ASSET TYPE: Multifamily SELLER: Orchard Acres Apartments LLC BROKERS: Tom Boyle & Steve Pappas - Chozick Realty SALE PRICE: $12,500,000 UNITS: 96 ~ PPU: $130,208

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Address89 Cheney Drive

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