Robert Veeh Acquires Montrose Multifamily Property For $12.25 Million With Reps Brandon Saadian & Tom Park

The multifamily property located at 2709 Piedmont Avenue in Montrose has been sold for a total price of $12,250,000. The property spans across 32,230 square feet and has a price per square foot of $380. It consists of 20 units, resulting in a price per unit of $612,500. The sale was finalized on February 7, 2020.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $12,250,000
• Address: 2709 Piedmont Avenue
• Market: Montrose
• Square Footage: 32,230
• Price per Square Foot: $380
• Number of Units: 20
• Price per Unit: $612,500

The seller of the property was Ed Den Investment Co, while the buyer was Robert Veeh. The deal was facilitated by brokers Brandon Saadian and Tom Park.