Multifamily Property In Moorestown & Merchantville Sold For $9.1M By GREA Brokers

The asset involved in this transaction is a multifamily property located in the Moorestown & Merchantville market. The property was sold for $9,105,000, consisting of 50 units. It has a total square footage of 44,938, resulting in a price per unit of $182,100 and a price per square foot of $203.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,105,000
• Units: 50
• Square Footage: 44,938
• Price Per Unit: $182,100
• Price Per Square Foot: $203

The brokers representing the transaction are Daniel Yadgaroff, Ken Wellar, and Corey Lonberger from Global Real Estate Advisors (GREA). Their involvement facilitated the sale process, ensuring all aspects of the transaction were handled efficiently.