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100 Lexington Street
SOLD

Preserve Ventures LLC Acquires Multifamily Property In Windsor, CT For $63M

100 Lexington Street

MultiFamily
387,248 SF
Victor Nolletti
Eric Pentore
the dealplayerscompscontact

Summary

Sale
CONNECTICUT
MultiFamily
387,248 sqft

An institutional property located at 100 Lexington St in Windsor, CT has been sold for $63,000,000. The asset is a multifamily property consisting of 230 units spread across 12 acres. The sale price per unit is $273,913, while the price per acre is $5,250,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $63,000,000
  • Units: 230
  • Price per Unit (PPU): $273,913
  • Acres: 12
  • Price per Acre (PPA): $5,250,000

The seller, Eastpointe Great Pond Owner LLC, has transferred ownership to the buyer, Preserve Ventures LLC. The transaction was facilitated by the brokers Victor Nolletti, Eric Pentore, and Wes Klockner from Institutional Property Advisors (IPA).

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Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Victor Nolletti's profile picture
Victor Nolletti
Institutional Property Advisors-image
Executive Director
$376.3M Sold
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: Victor Nolletti, Eric Pentore & Wes Klockner DATE: 08/05/2021 ADDRESS: 100 Lexington St MARKET: Windsor, CT ASSET TYPE: Multifamily SELLER: Eastpointe Great Pond Owner LLC BUYER: Preserve Ventures LLC BROKERS: Victor Nolletti, Eric Pentore, & Wes Klockner - Institutional Property Advisors (IPA) SALE PRICE: $63,000,000 UNITS: 230 ~ PPU: $273,913 ACRES: 12 ~ PPA: $5,250,000

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Address100 Lexington Street

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