James Clough Of Real Realty Represents Sale Of Multifamily Asset At 485 Ivy Lane For $3.85M

The property asset involved in this transaction is a multifamily asset located at 485 Ivy Lane in the Bradley market. It was sold for a total price of $3,850,000, featuring 43 units within a square footage of 38,480, resulting in a price per unit of $89,534 and a price per square foot of $100.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,850,000
• Units: 43
• Square Footage: 38,480
• Price Per Unit: $89,534
• Price Per Square Foot: $100
• Date of Transaction: 11/22/2024
• Broker: James Clough - Real Realty

The deal included representation by James Clough, who acted as the broker in this multifamily property transaction. James Clough is associated with Real Realty, underscoring the professional involvement in facilitating this sale.