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Hartford, Connecticut, Unit...

Updated Sep 5, 2024

Northeast Private Client Group Represents Sale Of Multifamily Portfolio In Hartford, CT For $16.5M
SOLDMultiFamily

Northeast Private Client Group Represents Sale Of Multifamily Portfolio In Hartford, CT For $16.5M

Hartford, Connecticut, United States

$16,500,000

Units

182

Asset Type

MultiFamily

Closing

Jan 6, 2022

About this deal

AI

The Multifamily Portfolio in Hartford, CT, was recently sold for a total price of $16,500,000. The portfolio consists of 182 units, with an average price per unit of $90,659.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $16,500,000
  • Address: Multifamily Portfolio
  • Market: Hartford, CT
  • Units: 182
  • Price per Unit (PPU): $90,659

The sale of the Multifamily Portfolio was facilitated by Taylor Perun and Alex Burr of Northeast Private Client Group, acting as brokers in the transaction.

The multifamily sale at Hartford, Connecticut, United States in Hartford, Connecticut sold for $16.5M in 2022. Reported inventory is 182 units across 182 units. Alex Burr, Taylor Perun, NorthEast Private Client Group appear on the sale alongside NorthEast Private Client Group. This page is the Hartford, Connecticut file for the Hartford, Connecticut, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hartford sit in the Market section below. Filter that Hartford multifamily set by closing date to see what else sold near Hartford, Connecticut, United States around 2022. Published consideration for Hartford, Connecticut, United States is $16.5M, dated 2022. Cite this Northeast Private Client Group Represents Sale Of Multifamily Portfolio In Hartford, CT For $16.5M sale when underwriting similar multifamily product around Hartford, Connecticut.

On the Map

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$16,500,000

MultiFamily

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Players

Taylor Perun

NorthEast Private Client Group

Broker

$162.5M

vol

16 deals

Broker

Hartford MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $90.7K per unit across 182 units on a published $16.5M (2022).

Visit Alex Burr to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.96%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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