SOLDMultiFamily
Northeast Private Client Group Represents Sale Of Multifamily Portfolio In Hartford, CT For $16.5M
Hartford, Connecticut, United States
$16,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 6, 2022
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.
Players
Hartford 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
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93