New Haven: Yet another mid sized apartment building was sold. Park Ridge Apartments located at 10 Hard Street sold. for $7.6 million ($105,556 per unit). CT United Multi Family brokered the sale of the 72-unit apartment building.
The property is a project-based, section 8 apartment complex that houses senior tenants. The transaction was brokered by Kurt Cawley of the company’s New England office, the property totals 70,951 rentable square feet in a 9-story apartment building built in 1979. Rents range from approximately $1080 for a studio to $1800 for a four bedroom