Morgan Properties Acquires Multifamily Portfolio In Schaumburg, Elgin & Palatine For $181M
Illinois
See Similar DealsMorgan Properties Acquires Multifamily Portfolio In Schaumburg, Elgin & Palatine For $181M
125 West Dundee Road, Palatine, Illinois 60074, United States
See Similar DealsSummary
The multifamily property located at 801 Belinder Ln, 926 Congdon Ave, and 125 W Dundee Rd in Schaumburg, Elgin, and Palatine was recently sold in a transaction. The property consists of 1,003 units and was sold by Harbor Group to Morgan Properties, represented by Mitchell Morgan.
Summary of Transaction Details
- Property Type: Multifamily
- Sale Price: $181,000,000
- Units: 1,003
- Price Per Unit: $180,459
- Market: Schaumburg, Elgin, Palatine
During the sale, Morgan Properties, with Mitchell Morgan as their representative, acquired the property. The seller, Harbor Group, facilitated the transaction. The sale price for the property was $181,000,000, and the property consists of 1,003 units, resulting in a price per unit of $180,459.
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