Ken Wellar & Douglas Sitt's GREA Mid-Atlantic Brokers Facilitate $10.9M Sale Of Student Housing In Troy, NY

An off-market student housing property located at 1605 Highland Avenue in Troy, NY has been sold for a price of $10,926,000. The property features a total of 285 beds, resulting in a price per bed (PPB) of $38,337. The sale was facilitated by brokers Ken Wellar and Douglas Sitt from GREA Mid-Atlantic.

Summary of transation details

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

This transaction was managed by Ken Wellar and Douglas Sitt, both representing GREA Mid-Atlantic. They played a pivotal role in the negotiations, ensuring a successful sale of the student housing property at 1605 Highland Avenue.