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5801 ridge avenue
SOLD

Stamm Development Group Sells Multifamily Property In Philadelphia For $19.25M

5801 ridge avenue

MultiFamily
clock iconSold 1 year ago
Mark Duszak
Kenneth (Ken) Wellar
Corey Lonberger
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Summary

Sale
OHIO
MultiFamily

The multifamily property located at 5801 Ridge Avenue in Philadelphia has been sold in a closed transaction. The property consists of 59 units and was sold for a price of $19,250,000, resulting in a per unit price of $326,271.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $19,250,000
  • Address: 5801 Ridge Avenue
  • Market: Philadelphia

The sale was facilitated by Stamm Development Group, with Michael Stamm representing the seller. The brokerage team from GREA - Rittenhouse Realty Advisors, consisting of Kenneth (Ken) Wellar, Corey Lonberger, and Mark Duszak, represented the seller in the transaction.

Players

  • All

    5

  • Agents

    3

  • Agencies

    2

Mark Duszak's profile picture
Mark Duszak
Rittenhouse Realty Advisors-image
Director
$534.8M Sold
Corey Lonberger's profile picture

Details

Deal Summary
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SOLD
IMAGE: Kenneth Wellar, Corey Lonberger, Mark Duszak & Michael Stamm DATE: 12/01/2022 ADDRESS: 5801 Ridge Avenue MARKET: Philadelphia ASSET TYPE: Multifamily SELLER: Stamm Development Group (@stammdevelopmentgroup) - Michael Stamm BROKERS: Kenneth (Ken) Wellar (@ken_wellar_Cre), Corey Lonberger, Mark Duszak - GREA - Rittenhouse Realty Advisors SALE PRICE: $19,250,000 UNITS: 59 ~ PPU: $326,271

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Address5801 ridge avenue

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