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3314 Old Capitol Trail - Cranston Hall
SOLD

Montium Acquires 161-Unit Multifamily In Wilmington, DE For $22.7M

3314 Old Capitol Trail - Cranston Hall

MultiFamily
clock iconSold 1 year ago
Robert "Bob" DiPasquale
Mark Duszak
Kenneth (Ken) Wellar
+ 2
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Summary

Sale
DELAWARE
MultiFamily

The multifamily property located at 3314 Old Capitol Trail in Cranston Hall, Wilmington, DE has been sold. The transaction took place on April 27, 2022. The property consists of 161 units, and the sale price was $22,700,000, with a price per unit (PPU) of $140,994.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $22,700,000
  • Date: April 27, 2022
  • Address: 3314 Old Capitol Trail - Cranston Hall, Wilmington, DE
  • Market: Wilmington, DE

The buyer of the property was Montium. Rittenhouse Realty Advisors, represented by Bob DiPasquale, Corey Lonberger, Ken Wellar, and Mark Duszak, served as the brokers involved in the deal.

Players

  • All

    6

  • Agents

    4

  • Agencies

    2

Robert "Bob" DiPasquale's profile picture
Robert "Bob" DiPasquale
Rittenhouse Realty Advisors-image
Vice President
$40.1M Sold
Mark Duszak's profile picture
Corey Lonberger's profile picture

Details

Deal Summary
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SOLD
IMAGE: Bob DiPasquale, Corey Lonberger, Ken Wellar & Mark Duszak DATE: 04/27/2022 ADDRESS: 3314 Old Capitol Trail - Cranston Hall MARKET: Wilmington, DE ASSET TYPE: Multifamily BUYER: Montium BROKERS: Bob DiPasquale, Corey Lonberger, Ken Wellar (@Ken_Wellar_CRE) & Mark Duszak - Rittenhouse Realty Advisors(@Rittenhouse_Realty_Advisors), (@Grea_CRE) SALE PRICE: $22,700,000 UNITS: 161 ~ PPU: $140,994

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Address3314 Old Capitol Trail - Cranston Hall

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