Northpoint Management, a Spring Valley, NY-based property owner, has purchased the 175-unit Green Olive Apartments at 131 Dogburn Rd. in West Haven, CT for $13.5 million, or about $77,000 per unit, from Green Olive Properties Management LLC.
The two-story, 134,150-square-foot multifamily building delivered in 1963 on half an acre in New Haven County.
Gary Witten and Victor Nolletti of Marcus & Millichap represented both parties in the sale.
Please see CoStar COMPS #4110531 for more information on this transaction.