–Leading investment sales firm represents the seller and procures the buyer for the multifamily property in Meriden, Connecticut–
Shelton, CT (May 3, 2022) – Northeast Private Client Group® (NEPCG) has announced the sale of Tudor Manor in Meriden, CT.
130 Bradley Avenue, located in Meriden, Connecticut, sold for $2,400,000, equating to a price of $104,348 per unit. The 23-unit property is in a desirable residential neighborhood with convenient access to major interstates. The 21,500 SF property consists of 10 – 1-bedroom, 10 – 2-bedroom, one (1) – 3-bedroom, 1 bath, and two (2) – 3-bedroom, 1.5 bath apartments. The property’s heat and hot water is supplied through central natural gas-fired units and is paid for by the landlord. The property features a laundry room and a parking lot. All units and common areas are finished with hardwood flooring.
“Meriden’s central CT location has attracted investors and tenants alike. The new owner intends on capitalizing on the strong rental market through continued renovations of units and raising the rent roll.” – Taylor Perun, Senior Associate.
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 1000 successful transactions have been completed totaling over $3 billion in value within local submarkets around the Northeast and Southeast regions of the United States.