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Posted: May 12, 2010
King & Newton brokers $3.475m sale of Country Garden Apts.
Thomas King, CCIM of King & Newton, LLC Commercial Real Estate has brokered the $3.475 million sale of Country Garden Apartments located on 134 College Hwy. The grantor is Country Garden Apartments, Inc. and the grantee is Hampton Realty Apt., LLP.
The property consists of four 2 and 1/2 story brick apartment buildings containing 60 residential units located on 6.9 acres with frontage on Rte. 10 near the Easthampton and Southampton town line. The sale was negotiated by King who represented both parties in the transaction.
In another transaction, King negotiated the $425,000 sale of a 6,248 s/f building located at 10 West State St. (Rte. 202), Granby. The grantor is NAFCA, Inc. and the grantee is Town of Granby.
The property consists of a one and a half story masonry fraternal type building.
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