The property asset involved in the transaction is a multifamily building located at 300 Atlantic Ave, Atlantic City. The sale was completed on 05/17/2022, with a total sale price of $17,000,000. The property encompasses 266 units and has a total square footage of 189,935, resulting in a price per unit of $63,910 and a price per square foot of $90.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $17,000,000
• Address: 300 Atlantic Ave
• Market: Atlantic City
• Units: 266
• Square Footage: 189,935
• Price Per Unit: $63,910
• Price Per Square Foot: $90
• Buyer: 300 Atlantic LLC
• Seller: Metatlantic Realty Associates LP
• Broker Representatives: Lawrence Gariano, Michael A. Hinchman & Brian C. Hosey - Marcus & Millichap

The transaction was facilitated by broker representatives Lawrence Gariano, Michael A. Hinchman, and Brian C. Hosey from Marcus & Millichap, who played a significant role in connecting the buyer, 300 Atlantic LLC, with the seller, Metatlantic Realty Associates LP, in this multifamily asset deal.