EAST HARTFORD: The 120-unit apartment Turtle Creek Apartments complex was sold for $8 million, $66,666 per unit.
Steve Pappas of the Hartford office of investment broker Chozick Realty Inc. represented both the seller, Turtle Creek Realty and purchaser, Up Realty LLC, a New York based investment group.
The complex was constructed in 1968 the property and according to Chozick received new amenities in the late 1980s, including an indoor swimming pool, jacuzzi, steam room and sauna, a full commercial kitchen and dining room for resident functions, an indoor running track, miniature golf course, fitness rooms, a billiards room, media room and library.
According to Pappas, “the amenity package combined with its location adjacent to Martin Park created a one of a kind four season living experience for residents.” The unit mix offers 2 studios, 34 one-bedroom and 84 two-bedroom apartments.
This is the second time Turtle Creek Apartments has been marketed and sold since built with Chozick Realty facilitating both transactions.