Orchard Acres Apartments LLC Sells Multifamily Property In Storrs, CT For $12.5M

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.