7/9/2008

Connecticut multi-family sells for $42.77 million

by

Waterford Commmons

Waterford Commons, a 303 unit multi-family community in Manchester, Conn., has sold for $42.77 million.

Marcus & Millichap's Steve Witten and Victor Nolletti represented the buyer and seller in the transaction.

Located at 669 Tolland Turnpike, the 316,439 square foot apartment community consists of 13 three-story buildings situated on 34.3 acres. It contains a mix of 47 one-bedroom units, 182 two-bedroom units, 63 three-bedroom units and 11 two-bedroom townhouse units.

Address: 669 Tolland Turnpike Manchester, Conn.

Size: 303 units

Built: 1999

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Filed Under: Multi-Family

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