Northeast Private Client Group Sells Multifamily Property in East Windsor, CT for $2.5 Million

Northeast Private Client Group Sells Multifamily Property in East Windsor, CT for $2.5 Million

Leading mid-market investment sales firm represents seller and sources buyer for multifamily property.–

 

Shelton, CT (July 21, 2020) – Investment sales broker Northeast Private Client Group has announced the sale of Carousel Apartments located at 27 Pleasant Street in East Windsor, Connecticut. Taylor Perun, Senior Associate for the firm, along with Junior Associate, Alex Burr, represented the seller and procured the buyer in the $2,551,613 transaction.

 

Carousel Apartments is comprised of 40 one-bedroom apartments set on 4.39 acres in a the suburban town of East Windsor. A private Kensington, CT based seller sold the property to New Haven based investor, 27 Pleasant LLC, for a price that equates to $63,790 per unit and a cap rate of 7.85 percent.

 

View property details here.

 

 About Northeast Private Client Group

Northeast Private Client Group is a leading mid-market investment sales firm and has been named as one of the Inc5000 Fastest-Growing Private Companies in the US. With offices in New York, Connecticut, and Massachusetts, we provide unmatched results by combining specialized market intelligence with a relationship-based marketing strategy that caters to our individual clients’ needs. We have a proven track record of matching our clients with qualified buyers of multifamily and commercial properties in the submarkets we serve. Over the past ten years, our team has closed transactions with a total value over $1.5 billion.Our collaborative and research-driven solutions are tailored to meet the individual needs of investors and property owners across the Northeast who are looking to buy, sell or exchange mid-market properties, including mixed-use, multifamily, retail and office assets.

To learn more, visit: www.northeastpcg.com.