SHELTON, CONN. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of Huntington Townhomes, a 99-unit community in Shelton, approximately 10 miles west of New Haven, Connecticut. Beachwold Residential acquired the asset from an affiliate of Inland Private Capital for an undisclosed price. Victor Nolletti, Eric Pentore, Wes Klockner and Ross Friedel of IPA represented the seller and procured the buyer in the deal.
Huntington Townhomes was constructed in 2008 on seven acres. The unit mix includes 86 townhomes and 13 apartments. Units come in two- and three-bedroom layouts and average 1,414 square feet. All units have washers and dryers, central air conditioning and walk-in closets. Select units have gas fireplaces, and 70 units include direct access garages.