Eastman Residential Purchases Multifamily Asset From HSRE In Evans Colorado For $21 Million

The property asset involved in this transaction is a multifamily asset located at 3202 11th Avenue, Evans, CO. The sale was completed for a total of $21,000,000. The asset comprises 192 units, covering a total square footage of 205,248. The price per unit was calculated at $109,375, while the price per square foot is noted to be $102.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $21,000,000
• Units: 192
• Square Footage: 205,248
• Price Per Unit: $109,375
• Price Per Square Foot: $102
• Buyer: Eastman Residential - Zachary Schofel & Marc Schofel
• Seller: HSRE (Harrison Street Real Estate)
• Brokers: Teddy Leatherman & Scott Clifton - JLL

This transaction features Zachary Schofel and Marc Schofel representing the buyer, Eastman Residential, while HSRE (Harrison Street Real Estate) is the seller of the property. The brokerage representation for this deal was provided by Teddy Leatherman and Scott Clifton from JLL.