Three Waterbury apartment buildings with a total of 26 units recently sold to a Shelton-based real estate investment company for $2 million.
The three buildings sit on nearly 1.3 acres along one side of Dunbar Street, a side street a short distance off Store Avenue in the city’s East End.
In deeds recorded Aug. 11, a limited liability company linked to Shelton-based Alpha Capital bought 5, 17 and 41 Dunbar St., from limited liability companies that all list Kevin J. Hoban, of Wolcott, as their principal.
The buyer, Dunbar Properties LLC, shares a Shelton address with Alpha Capital and lists as its principal Tyler Smith, who is also CEO of Alpha Capital.
Alpha describes itself as a full-service real estate company founded in 2017. The company’s website says it has made 952 transactions and 89 flips.
The property at 5 Dunbar St. includes an eight-unit, 7,128-square-foot building completed on one-third of an acre in 1987. It sold for $572,000.
The property at 17 Dunbar St. hosts a four-unit, 8,276-square-foot building completed on one-third of an acre in 1978. It sold for $428,000.
The property at 41 Dunbar St. hosts a 14-unit, 11,784-square-foot building completed in 1990 on a little more than six-tenths of an acre. It sold for $1 million.Â
