Walker & Dunlop Investment Sales Brokers $8.5M Sale Of Multifamily Property In Philadelphia

An $8.5 million multifamily property located at Aspen Village 732 North 49th Street in Philadelphia, PA has been sold. The transaction took place on July 21, 2021 and the property spans 50,760 square feet, resulting in a price per square foot of $167. The sale was handled by Walker & Dunlop Investment Sales.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,500,000
• Date: 07/21/2021
• Address: Aspen Village 732 North 49th Street, Philadelphia, PA
• Market: Philadelphia, PA
• Broker: Christopher Egan, David Beyel, Seth Douglas - Walker & Dunlop Investment Sales
• Square Footage: 50,760 sq ft
• Price per Square Foot: $167
• Cap Rate: 6.31%

David Beyel, Christopher Egan, and Seth Douglas from Walker & Dunlop Investment Sales played key roles in facilitating the sale of this multifamily property. Their expertise and involvement contributed to the successful completion of the transaction.