Pennside Zeke 717 LLC Acquires Pennside Manor Multifamily In Reading, PA For $5.25M

Pennside Manor, located at 717 North 25th Street in Reading, PA, has been sold for a total price of $5,250,000. This multifamily property comprises 40 units, resulting in a price per unit of $131,250. The property spans over 22,392 square feet, with a price per square foot of $234.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,250,000
• Address: Pennside Manor, 717 North 25th Street, Reading, PA
• Market: Reading, PA

The buyer in this transaction is Pennside Zeke 717 LLC, while the seller is Pennside Realty LLC. The deal was facilitated by Luke DeLuca and Ken Wellar of Rittenhouse Realty Advisors.