SOLD
Marcus & Millichap Brokers $2.6M Sale Of Student Housing In Normal, IL
809-911 Franklin Avenue & 907 Market Street
Other
18,600 SF
18,600 SF
Sold 1 year ago
Summary
Sale
ILLINOIS
Other
18,600 sqft
An student housing asset located at 809-911 Franklin Avenue and 907 Market Street in Normal has been sold for a price of $2,575,000. The transaction took place on November 13, 2020. The property consists of 56 units, resulting in a per unit price of $45,982.
Summary of transation details
- Property Type: Student Housing
- Transaction Amount: $2,575,000
- Units: 56
- Price per Unit (PPU): $45,982
- Date: November 13, 2020
- Address: 809-911 Franklin Avenue & 907 Market Street, Normal
The sale of this student housing asset was facilitated by Eric P. Bell and Mitchell Kiven of Marcus & Millichap.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Eric P. Bell & Mitchell Kiven
DATE: 11/13/2020
ADDRESS: 809-911 Franklin Avenue & 907 Market Street
MARKET: Normal
ASSET TYPE: Student Housing
BROKERS: Eric P. Bell & Mitchell Kiven - Marcus & Millichap
PRICE: $2,575,000
UNITS: 56 / PPU: $45,982View on map
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Address809-911 Franklin Avenue & 907 Market Street
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