SOLD
RailField Partners And L&M Development Partners Acquire Multifamily Property On Hampshire Drive In Frederick For $24M
1369 Hampshire Drive, Frederick, MD 21702
MultiFamily
Sold 1 year ago
Summary
Sale
MARYLAND
MultiFamily
The multifamily property at 1369 Hampshire Drive in Frederick, MD has been sold for a total price of $24,000,000. The property consists of 113 units, resulting in a per unit price of $212,389. The sale was completed on January 20, 2023.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $24,000,000
- Address: 1369 Hampshire Drive, Frederick, MD
- Units: 113
- Price Per Unit: $212,389
The buyers of the property were RailField Partners, represented by Jon Siegel, and L+M Development Partners. The sellers were KB Companies. Fletcher Hultman from Greysteel served as the broker in this transaction.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Fletcher Hultman
DATE: 01/20/2023
ADDRESS: 1369 Hampshire Drive
MARKET: Frederick, MD
ASSET TYPE: Multifamily
BUYER: RailField Partners - Jon Siegel & L+M Development Partners
SELLER: KB Companies
BROKER: Fletcher Hultman - Greysteel
SALE PRICE: $24,000,000
UNITS: 113 ~ PPU: $212,389View on map
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Address1369 Hampshire Drive, Frederick, MD 21702
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