Jake Hollinger Of GoldOller RealEstate Investments And Chase Chavin Of Intersection Realty Group Acquire Park Forest Multifamily For $23.2M

The property asset involved in the transaction is a multifamily unit located at 11 Fir Street in the Park Forest market. The sale price for the property was $23,200,000, which encompasses a total of 220 units. The price per unit (PPU) stands at $105,455.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $23,200,000
• Address: 11 Fir Street
• Market: Park Forest
• Units: 220
• Price Per Unit: $105,455
• Buyer: Jake Hollinger - GoldOller RealEstate Investments ; Chase Chavin - Intersection Realty Group
• Seller: Kurt Bender - Bender Cos

The transaction involved significant participants seasoned in the real estate industry, including the buyers Jake Hollinger from GoldOller RealEstate Investments and Chase Chavin from Intersection Realty Group, as well as the seller, Kurt Bender from Bender Cos. This sale marked a successful exit for Bender Cos., realizing a 30% gain on the property's prior purchase price.