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Northeast Private Client Gr...

Northeast Private Client Group Arranges $17.3M Sale Of 136-Unit Multifamily Portfolio In New London
SOLDMultiFamily

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.

Players

Bradley Balletto

NorthEast Private Client Group

Broker

$150.9M

vol

14 deals

Broker

Market 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

0.92%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93