DEAL OF THE DAY: 270-Unit Apartment Building Acquired for $17M
- Jul 25, 2008
Hartford, Conn.–MATP LLC recently acquired the 270-unit apartment building at 600 Asylum Ave. in Hartford, Conn. from Capitol Garden LLC for $17 million, or about $62,963 per unit.The 10-story, 227,500-sq.-ft. building, known as Morgan at the Park, is on 1.27 acres. It was built in 1955 and has about 82 parking spaces. The building also features 10,000 sq. ft. of retail space. It contains studios, one- and two-bedroom units.Steve Witten and Victor Nolletti represented both the buyer and seller.