3 New London Properties Sold In $17 Million Deal

NEW LONDON, CT — Three apartment complex properties recently sold for $17.28 million in New London, according to a statement from Northeast Private Client group.

The seller was a New Jersey-based investor and the buyer was a local owner who operates in Connecticut and Massachusetts.

Courtview Square, one of the properties sold, is a 96-unit complex at 309 Crystal Ave. The complex is comprised of four buildings consisting of 96 one-bedroom one-bath apartments.

Harbortree Apartments, a 28-unit community at 151 to 171 Oneco Ave., was also sold. Harbortree includes five detached buildings consisting of eight studio, 16 one-bedroom one-bath, and four two-bedroom one-bath apartments, according to the statement.

The last property in the deal was Bristol Apartments, a 12-unit building of all one-bedroom apartments at 14 Bristol St.

Northeast Private Client Group specializes in mixed-use, retail, industrial and multifamily real estate.