Austin Heights 296 Austin Road Waterbury, CT
Sale price: $6,500,000
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Built in 1972, Austin Heights Apartments consists of 104
multifamily units. The property contains a unit mix of one,
two, three and four bedroom townhouses. In 2002 the property
was extensively renovated and was sold subject to a project
based Section 8 rental assistance contract.
Chozick Realty represented both the Buyer, a regional
investor and Seller, a national multifamily operator, in
this transaction. The sales price of $62,500 per unit is a
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Bigelow Commons 471 units
Sold by Sealed Bid
Enfield, Connecticut
Sale price: $23,700,000
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Bigelow Commons Apartments consists of 471 unit Class A multifamily complex located in a mill conversion along the CT River in Enfield Connecticut. This property was sold for Connecticut Housing Finance Authority by a sealed bid process which generated 21 competitive bids from some of the largest investors in the country. The Buyer was a real estate investor with a national portfolio.
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Bond Hotel 268 room luxury
hotel
Hartford, CT
Sale price: $6,375,000
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Located in the heart of downtown Hartford, the 12 story
hotel with 268 guest rooms was built in 1922 during the era
of grand hotel construction. Chozick Realty procured the
sale on behalf of St. Francis Hospital and the Hartford
Roman Catholic Archdiocese.
At the time of the sale, the property was vacant. Chozick
Realty facilitated this sale to a national real estate
developer, who has subsequently redeveloped the site.
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Bushnell on the Park
100 Wells Street
Hartford, CT
Sale price: $15,600,000
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Bushnell on the Park is a 129 unit luxury condominium
complex with 28,000 square feet of class A office space and
an underground parking garage located in Downtown Hartford,
CT. The property was designed by the World famous architect,
I.M Pei, who has designed such structures as the J.F.K
Presidential Library, the John Hancock Tower and the
National Gallery.
Chozick Realty facilitated the sale of this property for
$15,600,000 on behalf a national multifamily investment firm
as the sole broker in this transaction.
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Colonial Townhouse Apartments
29 Buildings on 35 Acres
Mansfield/Windham Line Connecticut
Sale price: $15,500,000
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Colonial Townhouse Apartments consists of 408 multifamily
units located in 29 buildings on 35 rolling acres in Windham
County. Straddling the Mansfield/Windham line, the community
is approximately 5 miles from the University of Connecticut
and within walking distance of Central Connecticut State
University therefore providing perfect housing opportunity
for the universities staff and faculties. Chozick Realty
represented the Seller who was the original developer of
this property as well as the Buyer, a real estate investor
with a national portfolio.
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East Wintonberry Hills Apartments
111 units
10 East Wintonbury Avenue
Bloomfield, CT
Sale price: $7,650,000
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Built in 1973, the 111 unit East Wintonbury Hills was
designed as condominiums with large two and three bedroom
townhouse units. In 1997 the property was converted, fully
updated and remodeled for market rentals. Chozick Realty was
able to facilitate the sale of the property between the
original owner and developer of the property and the buyer
in just under 3 weeks of marketing.
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Hartford Jai Alai
93-98 Weston Street
Hartford, CT
Sale price: $4,000,000
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Located in the North Meadows of Hartford, the 111,000 square
foot commercial building is located on 32 acres and is
adjacent to Interstate 91. The site contains 2000 parking
spaces which are within walking distance of the CT Expo
Center and the New England Dodge Music Center formerly known
as the Meadows Music Theater.
At the time of the sale, the property was vacant. Chozick
Realty facilitated this sale to a national real estate
developer, who has subsequently redeveloped the site.
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Residential Resort Apartments
8 Turtle Creek Lane
East Hartford, CT
Sale price: $7,400,000
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Built in 1968, Residential Resort Apartments consists of 120
multifamily units. The property contains a diversified mix
of studios, one and two bedroom units. During the 1980’s the
property was extensively renovated and an unparalleled
amenity package was added including an indoor swimming pool,
sauna, hot tub, indoor running track, an indoor miniature
golf coarse, library, media room, billiards room, fitness
center and full commercial kitchen and dining room for group
events. Chozick Realty represented both the Buyer and Seller
in this transaction. The sales price of $61,666 per unit is
a record price for East Hartford, Connecticut.
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JRH-Hartford
Asylum Hill & South End
14 Buildings
Hartford, CT
Sale price: $20,900,000
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The JRH—Hartford Portfolio consists of 438 apartment units
located in 14 buildings. The properties are concentrated in
the Asylum Hill and South End Neighborhoods of Hartford. The
properties were primarily constructed during the 1960’s and
offers a well diversified unit mix. Chozick Realty
facilitated the sale of this property for $20,900,000 on
behalf a private investment firm as the sole broker in this
transaction.
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Lafayette Square Shopping Center
28,000 SF Retail Center
Vernon, CT
Sale price: $2,100,000
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Originally constructed in 1969 and expanded in 1985
Lafayette Square Shopping Center includes 28,000 square feet
of retail space and a freestanding pad site. Just off of
Interstate 84, Lafayette Square is located in an expanding
retail market with substantial growth potential.
Chozick Realty Inc. represented both the Buyer, a regional
investment group and the Seller, a private developer, in
this transaction.
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Park Avenue Industrial Park
398,000 sf Industrial Park
East Hartford, CT
Sale price: $5,200,000
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Constructed from the early 1950’s through the 1970’s. The
398,000 square foot Park Avenue Industrial Park is located
in the industrial heart of East Hartford. The buildings
featured loading docks, drive in doors, refrigerated space
and rail access. At the time of the sale, the property was
approximately 50% occupied. Chozick Realty Inc. exclusively
marketed the property for the original developers, selling
it to a regional industrial property operator with plans to
reposition the property within the market.
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Rivergate Apartments
225 & 226 South Water St.
East Windsor, CT
Sale price: $7,500,000
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Built in 1965 and located directly on the bank of the
Connecticut River, Rivergate Apartments consists of 120
multifamily units. The property contains 10 contemporary
designed buildings with a diversified mix of studios, one
and two bedroom units and a number of amenities including a
swimming pool, sundeck and basketball court. Chozick Realty
represented both the Buyer and Seller in this transaction.
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Quality Inn & Conference Center
83 Room Hotel
Sturbridge Isle
Sturbridge, MA
Sale price: $2,575,000
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The 83 room Quality Inn & Conference Center opened in 2001
making it the newest hotel in the Sturbridge area. Located
at the junction of the Mass Pike and I-84, it is a
convenient location for tourist related activities and for
commuters as well. Amenities at the hotel include a heated
swimming pool and high speed internet access.
Chozick Realty Inc. worked exclusively with the original
developer to facilitate the sale of the property to an owner
and operator of similar hotel properties.
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Cedar Creek Apartments
1300 & 1410 East St.
New Britain, CT
Sale price: $5,150,000
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Cedar Creek Apartments is a 64 unit apartment complex
located at the entrance to Central Connecticut State
University. The property contains all two bedroom units. Due
to it’s close proximity to the University the property is
predominately student occupied. Chozick Realty represented
both the Seller, a national investor and the Buyer an
international REIT. The price of $80,468 per unit is a
record setting price for the city of New Britain.
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Hilltop Towers Apartments
279 Oakville Avenue
Waterbury, CT
Sale price: $5,250,000
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Built in 1967, Hilltop Tower Apartments consists of 111
multifamily units. The property contains a unit mix of 17
studios; 53 one bedroom and 41 two bedroom units. On site
amenities include private balconies, swimming pool and play
area.
Chozick Realty represented both the Buyer and Seller in this
transaction. The Buyer plans renovations and repositioning
of Hilltop Towers to better take advantage of its attractive
location within the submarket.
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Northeast Shopping Plaza
15,000 SF Retail Center
Vernon, CT
Sale price: $1,100,000
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Northeast Shopping Plaza is a neighborhood center which
contains 15,000 square feet of retail space. Just off of
Interstate 84, Northeast Shopping Plaza located in an
expanding retail market with substantial growth potential.
Chozick Realty Inc. represented the Buyer, a regional
investment group, who also acquired the 28,000 square foot
retail center, Lafayette Square Shopping Center, located
directly across the street.
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Gothic Park
43 & 49 Woodland Street
Hartford, CT
Sale price: $5,800,000
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Gothic Park is a Class A office complex with +/- 60,000 sf of
office space and +/- 6 acres in Hartford. 43 Woodland Street is a
Class A office builing of 52,000 sf constructed in 1988. 49 Woodland
Street was built in 1868 and was originally the home of Mark Twain's
attorney and a historically significant building.
Chozick Realty Inc. represented the Buyer, a regional
investment group, and the Buyer, a national owner and operator of
commercial property.
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Bally Realty Portfolio
870 apartment units - 169,700 sf commercial space
Hartford, West Hartford & New Britain, CT
Sale price: $64,000,000
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The Bally Realty Portfolio consists of 870 apartment units in 24 buildings
located in Hartford, West Hartford & New Britain CT - along with 9 commercial
properties with a total of +/- 169,720 sf and 71 self storage units located
in Hartford & West Hartford.
Chozick Realty Inc. facilitated the sale of this property for $64,000,000
on behalf of a private investment firm as the sole broker in this transaction.
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Williamsburg Apartments
140 apartment units
Windsor, CT
Sale price: $19,225,000
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The Williamsburg Apartments is a 140 unit rental community located in a suburban setting close to the Windsor town center. Williamsburg contains an attractive unit mix of 32 one bedroom and 108 two bedroom apartments with a swimming pool and clubhouse on a 15.7 acre site. The property was in excellent condition at the time of the sale and brought a record sales price for Windsor. Chozick Realty was the sole broker in this transaction.
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Manor House Apartments
125 apartment units
Bloomfield, CT
Sale price: $15,775,000
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The Manor House Apartments located just east of Bloomfield Center is a 125 unit rental community. Constructed in the early 1970s, the property had been updated with new roofs, windows, boilers and common areas. The property offers a unit mix of 24 one bedroom and 101 two bedroom apartments in 11 garden style buildings on a 15 acre site. Chozick Realty represented the Seller who had owned the property since shortly after its construction. Chozick Realty was the sole broker in this transaction.
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