Wethersfield apartments sell for $24.7M

The Folly Brook Manor apartments in Wethersfield are under new ownership.

According to information provided by the Wethersfield Town Clerk’s office, the 184-unit complex on Folly Brook Boulevard sold Dec. 9, for $24,720,000.

Wethersfield Folly Brook LLC transferred the property to Folly Brook Apartments LLC.

Folly Brook Apartments LLC was formed in Delaware in November, and is controlled by Folly Brook JV LLC, state business records indicate. It has a listed address in Lakewood, New Jersey.

Eric Pentore, Victor Nolletti and Wes Klockner, of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller and procured the buyer.

Folly Brook Manor includes seven buildings on 17 acres. It was built in 1961.