Cyrus Mojdehi & Danny Hirschberg Acquire Multifamily Asset In Gastonia For $16.62M

The property at 1024 Ashwood Court in Gastonia, NC, was part of a recent closed transaction involving a multifamily asset. The sale price was recorded at $16,620,000 for this property, which comprises 184 units with an average price per unit of $90,326. The total square footage of the property stands at 124,180, with a price per square foot of $134.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $16,620,000
• Units: 184
• Price Per Unit: $90,326
• Square Footage: 124,180
• Price Per Square Foot: $134
• Address: 1024 Ashwood Court
• Market: Gastonia, NC

The buyers of this multifamily property, Cyrus Mojdehi and Danny Hirschberg of Wickenden Partners, successfully concluded the acquisition from the seller, SkyREM. Wickenden Partners, represented by Cyrus Mojdehi & Danny Hirschberg themselves, demonstrated their interest in real estate investment through this significant transaction.