NPCG Closes Sale of Windsor Locks Apartments in Rebounding Hartford Market
Northeast Private Client Group (NPCG) said Friday it had closed the $4,375,000 sale of 21 Spring St. in Windsor Locks, CT, a suburb of Hartford. Buyer and seller were not disclosed.
VP, investments Rich Edwards and VP, investments Jeff Wright of NPCG represented the seller and procured the buyer.
21 Spring St. is a multifamily property known as Magnolia Place. Built in 1963, the 31-unit asset offers convenient access to regional transportation corridors and employment centers, making it an attractive investment opportunity in the greater Hartford market, according to NPCG.
In a recent market report, NPCG noted that investment sales activity in Hartford County has rebounded from the trough seen in 2023. “The county’s longstanding position as a volume leader underscores its diversified economy and steady capital flow, even in today’s higher interest rate environment,” the report states.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout