Dustin Pourbaba Acquires Virgil Village Multifamily For $7.45M

A multifamily property located at 4015 Melrose Ave in Virgil Village was recently sold for a total price of $7,450,000. The transaction took place on December 21, 2021. The property consists of 44 units, with each unit having a price per unit (PPU) of $169,318. The total square footage of the property is 27,796, with a price per square foot (PPSF) of $268.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $7,450,000
• Units: 44
• Price per Unit (PPU): $169,318
• Square Footage: 27,796
• Price per Square Foot (PPSF): $268
• Address: 4015 Melrose Ave
• Market: Virgil Village

The buyer for this transaction was Dustin Pourbaba, while the seller was Barry Mason. The deal was facilitated by brokers Janet Neman, Angelica Gotzev, and Bryan Glenn from Kidder Matthews.