Kathryn Cooper Buys Highland Multifamily Property For $862,000

The multifamily property located at 15 Clearwater Road in Highland was sold for $862,000. This property consists of 7 units with a price per unit of $123,143. The total square footage of the property is 5,443 with a price per square foot of $158. The sale also achieved a capitalization rate of 6.78%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $862,000
• Units: 7
• Price per Unit: $123,143
• Square Footage: 5,443
• Price per Square Foot: $158
• Address: 15 Clearwater Road
• Market: Highland

The transaction involved the buyer, Kathryn Cooper, and the seller, Stan Slater. The deal was facilitated by brokers Robert A. Magrino, Michael Scrima, and Thomas Gorman Jr. from Redwood Realty Advisors.