1218 N 5th St Multifamily In Philadelphia, PA Sells For $9,050,000 To 1216-1226 North 5th Street Owner LLC

1218 N 5th St in Philadelphia, PA has been sold in a recent transaction. The property is a multifamily asset with 31 units. The sale price for this property was $9,050,000, resulting in a price per unit of $291,935.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $9,050,000
• Address: 1218 N 5th St, Philadelphia, PA
• Market: Philadelphia, PA

The buyer, 1216-1226 North 5th Street Owner LLC, acquired the property from Rock Development. Representing the transaction were Ken Wellar, Corey Lonberger, Mark Duszak, and Alan Krawitz from Rittenhouse Realty Advisors.