SOLD
Northeast Private Client Group Brokers $1.95M Sale Of Mixed-use Property On Southford Road In Southbury, CT
1481 Southford Road
Mixed-use
17,472 SF
17,472 SF
Sold 1 year ago
Summary
Sale
CONNECTICUT
Mixed-use
17,472 sqft
The mixed-use property at 1481 Southford Road in Southbury, CT has been sold for $1,950,000. The property spans over 4.60 acres and consists of 11 units, including 4 residential units and 7 commercial units. The total square footage of the property is 17,472, resulting in a price per square foot of $112. The property was sold at a cap rate of 7.58%.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $1,950,000
- Address: 1481 Southford Road
- Market: Southbury, CT
- Size: 4.60 acres
- Price per Acre: $423,913
- Number of units: 11 (4 Residential, 7 Commercial)
The transaction was facilitated by Bob Paterno of Northeast Private Client Group. He represented the seller or buyer in this deal.
Players
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2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Bob Paterno
DATE: 09/17/2021
ADDRESS: 1481 Southford Road
MARKET: Southbury, CT
ASSET TYPE: Mixed-use ~ ACRES: 4.60 ~ PPA: $423,913 ~ 11 units (4 Residential & 7 Commercial)
BROKER: Bob Paterno - Northeast Private Client Group (@NorthEastPCG)
SALE PRICE: $1,950,000
SF: 17,472 ~ PPSF: $112
CAP: 7.58%View on map
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Address1481 Southford Road
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