Northeast Private Client Group Arranges $17.3M Sale Of 136-Unit Multifamily Portfolio In New London
$17,300,000
Building Size
—
Asset Type
MultiFamily
Closing
May 14, 2026
AI
A multifamily portfolio comprising three properties has been sold in New London, Connecticut, for a total transaction amount of $17,300,000. This portfolio consists of 136 residential units, with a price per unit calculated at $127,206.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $17,300,000
- Units: 136
- Price Per Unit: $127,206
- Address: Multifamily Portfolio
- Market: New London, CT
- Brokers: Bradley Balletto - NorthEast Private Client Group
Northeast Private Client Group facilitated the arrangement for this significant transaction involving the three-property multifamily portfolio, highlighting their role in the closing of this deal.
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93