Keyport Village Apartments, a 132-unit complex in Monmouth County, has sold for $29 million, according to an announcement Monday from Woodbridge-based Kislak Co. Inc..

Kislak has marketed the property at 251 Atlantic St. in Keyport on an exclusive basis, with Chairman Robert Holland and Executive Vice President Barry Waisbrod managing the sale on behalf of the seller, Keyport Village Apartments DE LLC. Executive Vice President Joni Sweetwood recruited the buyer, a longtime customer.

The property consists of six two-story brick buildings containing 22 studios, 78 one-bedroom units, 30 two-bedroom units and two three-bedroom units with upgraded modern kitchens with stainless steel appliances and granite countertops and a mix of hardwood floors in the main living areas and carpeting in the bedrooms.

Amenities include a fitness center, on-site laundry facilities, and shops and restaurants within walking distance of the property.

Holland highlighted the team’s expertise in the transaction and the future potential of the property: “The buyer plans to upgrade the units, which will result in increased rents. I am proud of our teamwork to achieve this.

“The seller, with whom we have a long-term relationship, took advantage of the strong market and decided to sell, knowing the upside potential of the property due to its location and quality,” Waisbrod added.

Conveniently located near the Garden State Parkway and Route 36, the property has diverse and plentiful transportation with buses to New York City nearby and ferry services to Manhattan via the Seastreak Ferry Line just 20 minutes away by car. car from Keyport Village.