Northeast Private Client Group Facilitates $11.95M Sale Of Multifamily Property In East Hartford, CT

Located at 905 Burnside Avenue in East Hartford, CT, this recently transacted property is a multifamily asset with a total of 80 units. The transaction took place on September 23, 2022, and was facilitated by Brad Balletto and Taylor Perun from Northeast Private Client Group. The property was sold for $11,950,000, resulting in a per unit price of $149,375.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $11,950,000
• Units: 80
• Price Per Unit: $149,375
• Brokers: Brad Balletto & Taylor Perun - Northeast Private Client Group

This successful transaction highlights the expertise of Brad Balletto and Taylor Perun from Northeast Private Client Group who ensured a smooth deal between the buyer and the seller. The property's prime location and quality features contributed to its attractiveness in the market, resulting in a favorable sale price. As multifamily properties continue to be sought after by investors, this transaction showcases the value and potential of such assets in the real estate market.