Kiser Group Facilitates $7.25M Sale Of Lockport Multifamily Property

The multifamily property located at 551 Diane Court in Lockport was recently sold for $7,250,000. The transaction took place on January 6, 2021. The property consists of 80 units, with an average price per unit (PPU) of $90,625. This sale was facilitated by brokers Matt Halper, Danny Mantis, and Lee Kiser from Kiser Group.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,250,000
• Address: 551 Diane Court
• Market: Lockport
• Units: 80
• PPU: $90,625
• Brokers: Matt Halper, Danny Mantis, and Lee Kiser - Kiser Group

The involvement of Matt Halper, Danny Mantis, and Lee Kiser from Kiser Group played a crucial role in the successful sale of this multifamily property. Their expertise and negotiations skills helped facilitate the transaction. This deal showcases the value and demand for multifamily properties in the Lockport market.