SOLD
Riverwood Management Acquires Multifamily In Wilmington, DE For $4.7M
2509 Baynard Boulevard & 312 West 8th Street
MultiFamily
Sold 1 year ago
Summary
Sale
DELAWARE
MultiFamily
Located in Wilmington, DE, the recently closed multifamily transaction at 2509 Baynard Blvd and 312 West 8th Street has garnered attention in the real estate market. The property consists of 40 units, to which Riverwood Management has acquired ownership at a sale price of $4,700,000. With a price per unit (PPU) of $117,500, this acquisition presents a strategic investment opportunity.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,700,000
Riverwood Management, a prominent buyer in the transaction, now holds ownership of the multifamily asset. The brokers representing Riverwood Management in this deal were Bob DiPasquale, Corey Lonberger, Ken Wellar, and Mark Duszak from Rittenhouse Realty Advisors. Their expertise and negotiation skills played a significant role in bringing this deal to fruition.
Players
All
6
Agents
4
Agencies
2
Details
SOLD
IMAGE: Bob DiPasquale, Corey Lonberger, Ken Wellar & Mark Duszak
DATE: 04/25/2022
ADDRESS: 2509 Baynard Blvd & 312 West 8th Street
MARKET: Wilmington, DE
ASSET TYPE: Multifamily
BUYER: Riverwood Management
BROKERS: Bob DiPasquale (@Bob.Dipasquale3), Corey Lonberger, Ken Wellar (@Ken_Wellar_CRE) & Mark Duszak - Rittenhouse Realty Advisors(@Rittenhouse_Realty_Advisors), (@Grea_CRE)
SALE PRICE: $4,700,000
UNITS: 40 ~ PPU: $117,500View on map
Loading...
Address2509 Baynard Boulevard & 312 West 8th Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want