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

Property Image
SOLD
$16,500,000
Alex Burr
Taylor Perun

Connecticut

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MultiFamily
Sold 01/06/2022
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Property Image
SOLD

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

Hartford, Connecticut, United States

See Similar Deals
MultiFamily
Sold 01/06/2022
Alex Burr
Taylor Perun
the dealplayerscompscontact
Contact now

Summary

CONNECTICUT
Asset Type:MultiFamily
Transaction Type:Sale

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.

Players

Taylor Perun
NorthEast Private Client Group
Taylor Perun
16 deals$162.5M volume
BROKER
Alex Burr
NorthEast Private Client Group
Alex Burr
6 deals$92.3M volume
BROKER

Details

SOLD
IMAGE: Alex Burr & Taylor Perun DATE: 06/01/2022 ADDRESS: Multifamily Portfolio MARKET: Hartford, CT ASSET TYPE: Multifamily BROKERS: Taylor Perun (@TPerun17) & Alex Burr - Northeast Private Client Group (@NortheastPCG) SALE PRICE: $16,500,000 UNITS: 182 ~ PPU: $90,659

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$58,621.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$78,218.42
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