MultiFamily Property At 553 565 Franklin Avenue Sold For $7.8M In Belleville

The property asset involved in this transaction is a multifamily real estate located at 553 565 Franklin Avenue in Belleville. The transaction was finalized at a price of $7,800,000.00, consisting of a total of 60 units.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $7,800,000.00
• Address: 553 565 Franklin Avenue
• Market: Belleville
• Units: 60

The deal was facilitated by brokers Kevin McCrann and James McConnell, both representing Redwood Realty Advisors in the transaction. Their involvement was crucial in bringing the parties together to finalize the sale.