Horvath & Tremblay Brokers Sell Stone Park Multifamily Property For $580K

A multifamily property located at 1637 43rd Ave in Stone Park was recently sold for a price of $580,000. The property consists of 8 units, with each unit having a price per unit (PPU) of $72,500. The transaction took place on 06/14/2022, with a cap rate of 7.55%.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $580,000
• Address: 1637 43rd Ave
• Market: Stone Park
• Units: 8
• Price Per Unit (PPU): $72,500
• Cap Rate: 7.55%

The sale of the property was facilitated by brokers Ryan Link, Jonah Carman, Andrew O'Connell, and Anthony Spangler from Horvath & Tremblay.

Note: No additional information is available regarding the property or individuals involved in the deal.