Multifamily Properties Sold In Maple Shade, Westville & Mount Ephraim For $15.55M

The multifamily properties located at 601 Buttonwood Avenue, 1170 Delsea Drive, and 279 Black Horse Pike are situated in the markets of Maple Shade, Westville, and Mount Ephraim. This transaction was executed for a total amount of $15,550,000, encompassing 138 units across a total square footage of 90,577, resulting in a price per unit of $112,681 and a price per square foot of $172.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,550,000
• Units: 138
• Square Footage: 90,577
• Price Per Unit: $112,681
• Price Per Square Foot: $172
• Markets: Maple Shade, Westville & Mount Ephraim

Kenneth Wellar and Daniel Yadgaroff represented the broker agency Global Real Estate Advisors (GREA) in this transaction. They facilitated the deal, contributing their expertise to ensure a successful sale of the multifamily assets.