Northeast Private Client Group Sells Adjacent Norwich, Connecticut Apartment Buildings for $1,300,00
– Leading mid-market investment sales firm represents seller and sources buyer for multifamily properties in Norwich, CT–
Norwich, CT (October 4, 2019) – Investment sales broker Northeast Private Client Group has announced the sale of Chestnut Street Apartments located at 88 and 93 Chestnut Street in Norwich, CT. Taylor Perun, Senior Associate for the firm, along with Junior Associate, Alex Burr, represented the seller and procured the buyer in the $1,300,000 transaction.
Chestnut Street Apartments is comprised of two adjacent buildings consisting of 20 units. 88 Chestnut Street has two one-bedroom and eight two-bedroom units, and 93 Chestnut Street has ten two-bedroom units.
88-98 Chestnut Street, LLC sold the property to a private buyer for a price that equates to $65,000 per unit.
About Northeast Private Client Group
Northeast Private Client Group is the leading mid-market investment sales firm in the region and was recently named to the Inc5000 list of America’s fastest-growing private companies. With offices in New York, Connecticut and Massachusetts, the firm actively supports private investors looking to buy, sell or exchange mid-market properties including mixed-use, multifamily, retail and office assets. Northeast Private Client Group’s highly disciplined process is just one of the many reasons the firm has earned CoStar’s Power Broker designation year after year. To learn more, visit: www.northeastpcg.com.