Cawley of United Multi Family brokers $7.6 million building sale

May 12, 2017 - Front Section

New Haven, CT United Multi Family brokered the sale of a 72-unit apartment building known as the Park Ridge Apartments located at 10 Hard St. for $7.6 million ($105,556 per unit). The property is a project-based Section 8 apartment complex that houses senior tenants. 

Kurt Cawley, United Multi Family

 

Park Ridge Apartments, 10 Hard Street - New Haven, CT

 

The sale was handled by Kurt Cawley of the New England office. The property totals 70,951 s/f in a 9-story elevatored apartment building built in 1979. Due to knowing the most active and qualified buyers in the CT marketplace Cawley was able to sell the property in an “off market” transaction.

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