Charles Hermansen Acquires Multifamily In Apple Valley For $3M With Buyer's Rep Dimitre Petrov & Thomas Beniamen

The multifamily property located at 19087 Allegheny Road in Apple Valley has been sold in a closed transaction. The property consists of 16 units with a total square footage of 17,360. The sale price for the property was $3,000,000, resulting in a price per unit of $187,500 and a price per square foot of $173.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Address: 19087 Allegheny Road, Apple Valley
• Market: Apple Valley
• Units: 16
• Price per Unit: $187,500
• Total Square Footage: 17,360
• Price per Square Foot: $173

The buyer of the property is Charles Hermansen, while the seller is James Martindale. Dimitre Petrov and Thomas Beniamen from Commercial Real Estate Investors represented the buyer in the transaction as their representatives.