SOLD
CREG Property VIII LLC Acquires Timber Creek Apartments In Niles For $11.5M
1223 North Road
MultiFamily
Sold 31 days ago
Summary
Sale
OHIO
MultiFamily
The Timber Creek Apartments in Niles, located at 1223 North Road, were sold for $11,500,000. The transaction was facilitated by Friedman Real Estate, with Chris Weir, Peter Jankowski, and Rich Deptula representing both the buyer, CREG Property VIII LLC, and the seller, Orem Timber Creek II LLC.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $11,500,000
- Address: 1223 North Road
- Market: Niles, Ohio
Friedman Real Estate played a crucial role in the $11.5 million sale of the multifamily property. The deal involved key individuals from the firm, including Chris Weir, Peter Jankowski, and Rich Deptula, who represented both the buyer, CREG Property VIII LLC, and the seller, Orem Timber Creek II LLC.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: 04/05/2024
ADDRESS: 1223 North Road
MARKET: Niles, Ohio
ASSET TYPE: Multifamily
BUYER: CREG Property VIII LLC
SELLER: Orem Timber Creek II LLC
BROKERS: Chris Weir, Peter Jankowski & Rich Deptula - Friedman Real Estate
SALE PRICE: $11,500,000
NOTE: Friedman Real Estate facilitated the $11.5 million sale of Timber Creek Apartments in Niles, situated at 1223 North Road, with Peter Jankowski, Rich Deptula, and Chris Weir representing both the buyer, CREG Property VIII LLC, and the seller, Orem Timber Creek II LLC.View on map
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Address1223 North Road
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