Mihai Lehene Acquires Multifamily Asset At 1433 West Ardmore Avenue For $2,135,000

The asset involved in this transaction is a multifamily property located at 1433 West Ardmore Avenue in Chicago. The sale price for this transaction was $2,135,000, and the property encompasses a total square footage of 13,000, resulting in a price per square foot of $164.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,135,000
• Address: 1433 West Ardmore Avenue
• Market: Chicago
• Square Footage: 13,000
• Price Per Square Foot: $164
• Buyer: Mihai Lehene
• Seller: Arvind Patel
• Buyer's Representative: Tommy Richard - Interra Realty
• Seller's Representative: Joe Braun - Interra Realty

In this transaction, Mihai Lehene acquired the property from seller Arvind Patel, with both parties represented by brokers from Interra Realty. Tommy Richard represented the buyer, while Joe Braun represented the seller during the completion of the sale.