New 42-unit Meriden apartment building sells for $9.03M
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A 42-unit luxury apartment complex that opened near Route 91 in Meriden last summer recently sold for $9.03 million.
In a deed recorded March 2, a limited liability company tied to Pennsylvania multifamily developer A.R. Building Co. sold the four-story, 47,904-square-foot Pomeroy Place Luxury Apartments building on 6.1 acres at 105 Pomeroy Ave. to an LLC tied to Lakewood, New Jersey-based multifamily investor Reliant Partners.
The building opened to tenants in summer 2025.Â
This is the second time, at least, in recent months that Reliant Partners has invested in newly built apartments in Connecticut.
In January, Reliant was announced as one of two investors who paid $31.07 million for a recently completed, 107-unit apartment building in downtown New Britain.
The limited liability company that purchased the Meriden apartments – Pomeroy Apartments LLC – has mortgaged the property as part of an $8.62 million loan from Chicago-based OBRA Real Estate.
Victor Nolletti, Westley Klockner and Ross Friedel of Marcus & Millichap represented the seller and procured the buyer.
Nolletti, the executive managing director of investments with Institutional Property Advisors, a division of Marcus & Millichap, described the Pomeroy Place as a well-located, niche property with easy access for commuters to New Haven and Hartford.
"It's a really well-executed, boutique property," Nolletti said.
