Four Corners Development Group Acquires 180-Unit Multifamily Property In Brownstown Township For $25.7M

Friedman Real Estate facilitated the $25.7 million transaction for a 180-unit multifamily property in Brownstown, a southwest suburb of Detroit. The property is located at 21901 Stratford Place Blvd and is classified as a multifamily asset.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $25,700,000
• Units: 180
• Price per Unit: $142,778

The buyer in this transaction is Jason Wisotsky from Four Corners Development Group. The brokers who represented the deal were Peter Jankowski and Rich Deptula from Friedman Real Estate.