Traditions Harmony Housing LLC Acquires 396-Unit Multifamily In Bloomington For $39.2M

The multifamily property located at 901 Valley View Cir in Bloomington was recently sold in a closed transaction. The property consists of 396 units and was sold for a total price of $39,150,000, resulting in an average price per unit of $98,864.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $39,150,000
• Address: 901 Valley View Cir
• Market: Bloomington
• Buyer: Traditions Harmony Housing LLC
• Seller: Dominium
• Brokers: Ralph DePasquale, Jeff Irish & Brandon Grisham - Berkadia
• Units: 396
• Price per Unit: $98,864

The buyer of the property was Traditions Harmony Housing LLC, while the seller was Dominium. The deal was facilitated by brokers Ralph DePasquale, Jeff Irish, and Brandon Grisham from Berkadia.