Opal Investment Group Acquires Westfield Gardens Apartments In Camden, NJ For $5M

Westfield Gardens Apartments, located in Camden, NJ, has recently been sold. The multifamily property consists of 73 residential units, 2 commercial units, and 24 garages. With a total square footage of 68,000, this property offers spacious living spaces to its residents. The transaction took place on October 5, 2021.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $5,000,000
• Units: 99
• Price per Unit (PPU): $50,505
• Total Square Footage: 68,000
• Price per Square Foot (PPSF): $74
• Address: Westfield Gardens Apartments, Camden, NJ
• Market: Camden, NJ

The buyer of the property is Opal Investment Group, while the seller is Cjnc LLC. This successful transaction is a testament to the value and potential of Westfield Gardens Apartments. Opal Investment Group's expertise and Cjnc LLC's willingness to sell have resulted in this mutually beneficial deal.