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842 1st Avenue
SOLD

Colonial Foundry Ventures Acquires West Haven Multifamily For $8.3M

842 1st Avenue

MultiFamily
76,208 SF
clock iconSold 1 year ago
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Summary

Sale
CONNECTICUT
MultiFamily
76,208 sqft

The multifamily property located at 842 1st Ave. in West Haven, CT has been sold in a transaction that was finalized on June 18, 2021. The property, with a total square footage of 76,208, was sold for a price of $8,300,000, resulting in a price per square foot of $109.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $8,300,000
  • Address: 842 1st Ave., West Haven, CT
  • Market: West Haven, CT

The seller, Foundry Colonial Owner, LLC, sold the property to the buyer, Colonial Foundry Ventures, LLC. The deal was facilitated by brokers Eric Pentore and Wes Klockner from The Nolletti Group at Marcus and Millichap. The transaction involved a total of 69 units, with a price per unit of $120,289.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Eric Pentore's profile picture
Eric Pentore
Institutional Property Advisors-image
First Vice President Investments
$250.9M Sold

Details

Deal Summary
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SOLD
IMAGE: Eric Pentore & Wes Klockner DATE: 06/18/2021 ADDRESS: 842 1st Ave. MARKET: West Haven, CT ASSET TYPE: Multifamily SELLER: Foundry Colonial Owner, LLC BUYER: Colonial Foundry Ventures, LLC BROKERS: Eric Pentore & Wes Klockner - The Nolletti Group - Marcus and Millichap SALE PRICE: $8,300,000 SF: 76,208 ~ PPSF: $109 UNITS: 69 ~ PPU: $120,289

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Address842 1st Avenue

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