Revitate Cherry Tree Acquires Elkhart & Jeffersonville Multifamily For $44.5M

3530 East Lake Drive North & 3014 Beech Grove Court

MultiFamily

Sold 1 year ago

Summary

Sale

INDIANA

MultiFamily

The recent closed transaction involves the sale of a multifamily property located at 3530 East Lake Drive North & 3014 Beech Grove Court in Elkhart & Jeffersonville, Indiana. The property consists of 392 units in total.

Summary of transaction details:

Property Type: Multifamily
Sale Price: $44,500,000
Units: 392
Price per Unit (PPU): $113,520

The buyer of this property is Revitate Cherry Tree, represented by Alex Bhathal and Lisa Bhathal Merage.

Details

Deal Summary

SOLD

IMAGE: Lisa Bhathal Merage & Alex Bhathal DATE: 10/24/2022 ADDRESS: 3530 East Lake Drive North & 3014 Beech Grove Court MARKET: Elkhart & Jeffersonville, Indiana ASSET TYPE: Multifamily BUYER: Revitate Cherry Tree - Alex Bhathal & Lisa Bhathal Merage SALE PRICE: $44,500,000 UNITS: 392 ~ PPU: $113,520

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Address3530 East Lake Drive North & 3014 Beech Grove Court

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