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Three abutting Southington properties greenlit for a 255-unit mixed-use apartment development recently sold for $3.5 million.
Last year, Southington officials approved Dallas-based developer Anthony Properties’ plan for an eight-building complex on nearly 42 acres at 1177, 1193 West St., and 1303 West St. In addition to the apartments, the development will include 17,500 square feet of commercial space.
The three properties sold in separate deals recorded by the town on Oct. 7. The sellers were trusts tied to the Tolles family.
A 38.87-acre piece at 1303 West St. sold for $1.9 million to APR Southington LLC, a company that shares a Lincoln, Nebraska address with Perry Reid Properties, a multifamily-focused property management company that has teamed with Anthony Properties on past developments.
A 1.31-acre property at 1193 West St., and a 1.57-acre property at 1177 West St. sold to AP Ston LLC for $900,000 and $700,000, respectively. Land records do not list an address for the buyer, according to town staff, with the conveyance form listing the buyer’s address only as “Texas.”
Attempts to reach Anthony Properties and Perry Reid Properties were not successful.
Much of the development site is wooded. An 82-year-old, 5,840-square-foot retail building sits at 1177 West St.
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