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Zapolski Real Estate & ONC Acquire Woodlawn Multifamily For $4.4M

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SOLD
$4,400,000
Tom Wohlgemuth
Justin Verner

Maryland

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MultiFamily
Sold 06/26/2023
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Property Image
SOLD

Zapolski Real Estate & ONC Acquire Woodlawn Multifamily For $4.4M

1627 Ingleside Avenue Woodlawn, Maryland 21207, USA

See Similar Deals
MultiFamily
Sold 06/26/2023
Tom Wohlgemuth
Justin Verner
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Summary

MARYLAND
Asset Type:MultiFamily
Transaction Type:Sale

Ingleside Gardens, a mid-sized garden asset located at 1627 Ingleside Avenue in Woodlawn, Maryland, has been sold for $4,400,000. The property consists of 40 units, resulting in a price per unit of $110,000. The transaction was facilitated by Harbor Stone Advisors, with the buyer being Zapolski Real Estate and ONC (a partnership of Javelin 19 Real Estate, Longford Management, and Cove Investments).

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,400,000
  • Address: 1627 Ingleside Avenue
  • Market: Woodlawn, MD
  • Buyer: Zapolski Real Estate & ONC (a partnership of Javelin 19 Real Estate, Longford Management, and Cove Investments)
  • Seller: Ingleside Gardens LLC
  • Brokers: Justin Verner & Tom Wohlgemuth - Harbor Stone Advisors
  • Units: 40
  • Price Per Unit: $110,000

Justin Verner & Tom Wohlgemuth of Harbor Stone Advisors represented the buyer and seller in this transaction, contributing to the successful sale of Ingleside Gardens.

Players

Justin Verner
Harbor Stone Advisors
Justin Verner
11 deals$69.5M volume
BROKER
Tom Wohlgemuth
Harbor Stone Advisors
Tom Wohlgemuth
11 deals$69.5M volume
BROKER

Details

SOLD
IMAGE: Justin Verner & Tom Wohlgemuth DATE: 06/26/2023 ADDRESS: 1627 Ingleside Avenue MARKET: Woodlawn, MD ASSET TYPE: Multifamily BUYER: Zapolski Real Estate & ONC SELLER: Ingleside Gardens LLC BROKERS: Justin Verner & Tom Wohlgemuth - Harbor Stone Advisors SALE PRICE: $4,400,000 UNITS: 40 ~ PPU: $110,000 NOTE: Ingleside Gardens, a mid-sized garden asset located in Woodlawn, Maryland, consisting of 40 units, has been sold for $4.4 million at $110,000 per unit. Harbor Stone Advisors facilitated the sale, with Zapolski Real Estate and ONC (a partnership of Javelin 19 Real Estate, Longford Management, and Cove Investments) acquiring the property.

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