Richard Newberry Of Denbesten Real Estate Brokers Sale Of 19-Unit Multifamily At 1910 Tracy Drive For $1.2M

The property located at 1910 Tracy Drive in Bloomington is a multifamily asset with a sale price of $1,200,000. It features 19 units, each equipped with 2-car attached garages, and encompasses a total square footage of 20,900. The asset also spans 1.13 acres and has a price per unit of $63,158 and a price per square foot of $57. Notable upgrades include roof replacements completed in 2015 and common drive repairs conducted in 2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Units: 19
• Price per Unit: $63,158
• Total Square Feet: 20,900
• Price per Square Foot: $57
• Acres: 1.13
• Broker: Richard Newberry - Denbesten Real Estate

Richard Newberry of Denbesten Real Estate facilitated the transaction, bringing together the necessary parties for the sale of the multifamily property. The deal reflects recent enhancements made to the asset, ensuring its condition for prospective residents.