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July 20, 2022 REAL ESTATE

North Haven apartment complex sells for $34.8 million

PHOTO | CONTRIBUTED  One of 7 buildings in the Ardenwood apartment complex at 99 Broadway in North Haven.
By Hanna Snyder Gambini

A 128-unit apartment complex at 99 Broadway in North Haven sold recently for $34.8 million.

New Jersey-based Ardenwood Holding LLC bought the 7-building complex on 10 acres from Ardenwood Apartments LLC in a transaction recorded June 28.

The buildings are appraised at $21.1 million, and the land appraised at $2.6 million, according to town property records.

Outbuildings like carports and garages, are appraised at $177,000 for a total appraised property value of  $23.9 million.

North Haven Assessor Gary John said Ardenwood is a higher-end apartment complex.

Ardenwood Apartments LLC bought the complex in 2004 for $26 million. It was built in 2000. 

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