SOLD
$2.15M Sale Of 20-Unit Multifamily Property In North Liberty, Indiana Sets Regional Record For Price Per Unit
601 West Center Drive
MultiFamily
Sold 259 days ago
Summary
Sale
INDIANA
MultiFamily
The Vues At North Liberty, a 20-unit apartment property located at 601 West Center Drive in North Liberty, Indiana, has been sold for $2,150,000. The sale was brokered by Marcus & Millichap.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,150,000
- Units: 20
- Price per Unit: $107,500
- Market: North Liberty, Indiana
The sale of The Vues At North Liberty set a regional record for price per unit in multifamily properties in 2023. The buyer, a 1031 exchange buyer, purchased the property above the list price, indicating a strong market demand in the area.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Kyle Stengle, Jack Stanton, Quentin Benedetto & Josh Caruana
DATE: 08/21/2023
ADDRESS: 601 West Center Drive
MARKET: North Liberty, Indiana
ASSET TYPE: Multifamily
BROKERS: Josh Caruana, Jack Stanton, Quentin Benedetto & Kyle Stengle - Marcus & Millichap
SALE PRICE: $2,150,000
UNITS: 20 ~ PPU: $107,500
NOTE: Marcus & Millichap brokered the $2.15 million sale of The Vues At North Liberty, a 20-unit apartment property in Indiana. The property sold above list price to a 1031 exchange buyer, setting a 2023 regional record for price per unit in multifamily.View on map
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Address601 West Center Drive
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