Redwood Realty Advisors Acquires MultiFamily Asset In Sussex For $9.5M

The 68-unit apartment community known as Wilson Manor, located at 1 Wilson Road in Sussex, NJ, was sold for $9.5 million. The property, situated on nearly 7 acres, consists of seven buildings constructed in the 1960s, with each building being two-stories high.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $9,500,000.00
• Market: Sussex
• Buyer: Unknown
• Seller: Long-term owner
• Listing Broker: Kevin McCrann (Redwood Realty Advisors)
• Co-Listing Broker: Jeremy Wernick (Redwood Realty Advisors)

Redwood Realty Advisors, represented by Kevin McCrann and Jeremy Wernick, acted as the seller's agents in the sale of Wilson Manor. The buyer in the transaction remains undisclosed.