News: Connecticut
Posted: July 21, 2023
NEPCG completes $8.1 million sale of the Brook & Middle Portfolio
Bristol, CT Northeast Private Client Group (NEPCG) has completed the sale of the Brook & Middle Portfolio, multifamily investment properties.
Senior vice president Brad Balletto and senior associate Bob Paterno represented the seller and procured the buyer in the transaction.
The portfolio, which consists of two properties located at 572 Brook St. and 916 Middle St., offers a combined 75 units and boasts a total building size of 55,399 s/f. The properties sold for $8.1 milllion.
The properties are desirable for investors and tenants, with easy access to nearby amenities, including shopping, dining, and entertainment. Additionally, the properties are a two-minute drive from the ESPN Headquarters.
“Congratulations and thank you to the buyer and seller, who are both repeat clients.” said Balletto.
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