Laub Realty Acquires 24-Unit Multifamily In Forks Township, PA For $8.4M

The recent transaction in Forks Township, PA involves a multifamily property located at 2250-2280 Lafayette Park Drive. The property was sold for a total price of $8,400,000. The asset consists of 24 units, with a price per unit of $350,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,400,000
• Address: 2250-2280 Lafayette Park Drive, Forks Township, PA
• Units: 24
• Price Per Unit: $350,000

The buyer in this transaction is Laub Realty, while the sellers are Ashley Development Corporation and Black Bear Asset Management. The brokers involved in the deal are Bryan Manz, Emil DePasquale, and George Pektor from Black Bear Capital Partners.