–Leading investment sales firm represents the seller and procures the buyer for the multifamily properties in Hartford, Connecticut–
Shelton, CT (February 26, 2024) – Northeast Private Client Group® (NEPCG) is pleased to announce the sale of 194 Washington St., 72-80 Main St., 125 & 131 Washington St. & 338-342 Jefferson St., and Marshall & Gillett Portfolio in Hartford, CT.
Vice President, Investments Taylor Perun, and Associate Cameron Formica represented the seller and procured the buyer for these multifamily transactions.
The 194 Washington Street property is comprised of 131 – one-bedroom, and 10 – two-bedroom apartments. The property had an assumable mortgage which was assumed by the buyer.
The 72-80 Main Street building featured 13 – studio, 28 – one-bedroom, and 1 – two-bedroom apartment. There were also three street level retail suites for a total of 45 units. The property had undergone a full renovation.
The 125–131 Washington Street & 338-342 Jefferson Street portfolio featured 60 units. This portfolio was spread across four buildings.
Marshall & Gillett Portfolio featured 52 units spread across 2 buildings. 17 Marshall Street feature 12 – studio and 13 – one-bedroom apartments. 50 Gillett Street featured 16 – one-bedroom, 8 – two-bedroom, and three commercial/storage units.
“Through a competitive process, we were able to achieve strong market pricing for these assets.” – Taylor Perun, Vice President, Investments
Northeast Private Client Group® specializes in mixed-use, retail, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1,200 successful transactions have been completed totaling over $4 billion in value within local submarkets around the Northeast and Southeast regions of the United States.
