GREA Mid-Atlantic Brokers Ken Wellar & Douglas Sitt Facilitate $10.9M Sale Of Student Housing In Troy, NY | 1605 Highland Avenue | Douglas I. Sitt, Kenneth (Ken) Wellar | Sale

Summary

Sale

NEW YORK

A student housing property located at 1605 Highland Avenue in Troy, NY has been sold for a total price of $10,926,000. The property consists of 285 beds, with a price per bed (PPB) of $38,337. The transaction was completed on December 19, 2022.

Summary of transaction details

Property Type: Student Housing
Transaction Amount: $10,926,000
Address: 1605 Highland Avenue, Troy, NY
Beds: 285
PPB: $38,337

The sale of the student housing property was facilitated by brokers Ken Wellar and Douglas Sitt from GREA Mid-Atlantic.

Players

All
4

Agents
2
Agencies
2

Douglas I. Sitt

Student Housing Specialist

$419.1M Sold

Kenneth (Ken) Wellar

Global Real Estate Advisors (GREA)-image

Founding Partner

$927M Sold

Global Real Estate Advisors (GREA)

Rittenhouse Realty Advisors

Details

Deal Summary

SOLD

IMAGE: Ken Wellar & Douglas Sitt DATE: 12/19/2022 ADDRESS: 1605 Highland Avenue MARKET: Troy, NY ASSET TYPE: Student Housing BROKERS: Ken Wellar (@Ken_Wellar_CRE) & Douglas Sitt (@DouglasSitt) - GREA Mid-Atlantic (@Grea_Mid_Atlantic) SALE PRICE: $10,926,000 BEDS: 285 ~ PPB: $38,337

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Address1605 Highland Avenue

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