Multifamily Property At 609 Glenwood Lansing Road Sold For $11.8M By Brokers Clough And Gavriluti

The property asset involved in this transaction is a multifamily unit located at 609 Glenwood Lansing Road in the Glenwood market. It comprises 100 units and encompasses a total area of 82,900 square feet. The transaction was completed at a sale price of $11,800,000, resulting in a price per unit of approximately $118,000 and a price per square foot of around $142.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,800,000
• Units: 100
• Square Footage: 82,900
• Price per Unit: $118,000
• Price per Square Foot: $142

The individuals involved in the transaction include brokers James Clough and Cristian Gavriluti, who represent Real Realty in this deal.