Derek Kaptanoglu Represents Both Buyer And Seller In $2.16M Sale Of 24-Unit Multifamily Portfolio In Forest Park

A 24-unit multi-family property located at 8280-8290 Roosevelt Road in Forest Park has been sold for $2,160,000. The sale was facilitated by Derek Kaptanoglu from Essex Realty Group, Inc. The property consists of four separate buildings and spans 7,500 square feet, with each unit priced at $90,000. The price per square foot for this transaction equates to $288.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,160,000
• Units: 24
• Price per Unit: $90,000
• Square Footage: 7,500
• Price per Square Foot: $288
• Market: Forest Park

Congratulations to Derek Kaptanoglu from Essex Realty Group, Inc. for successfully representing both the buyer and seller in this transaction. For any further inquiries regarding this sale, please reach out to Essex Realty Group, Inc.