Updated Sep 5, 2024
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.
Players
Hartford 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
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93