Colton Luchsinger Of Marcus & Millichap Brokers $3.2M Sale Of Sioux City Multifamily

The Luma Heights Apartments, a 91-unit multifamily complex located at 217 19th St in Sioux City, was recently sold for $3.2 million. This property, now known as Hill Top Flats, was acquired by a limited liability company. The buyer plans to undertake unit renovations as part of rebranding the complex.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,200,000
• Units: 91
• Price per Unit: $35,165
• Broker: Colton Luchsinger - Marcus & Millichap

Colton Luchsinger of Marcus & Millichap played a crucial role in facilitating the transaction, representing both the buyer and the seller, who were both limited liability companies involved in the deal.