MITS Property Management LLC Acquires Mixed-Use Property In Chesapeake, VA For $2.06M

MITS Property Management LLC has recently acquired a mixed-use property located at 1728 South Military Highway in Chesapeake, VA. The property spans a total area of 16,800 square feet and was sold for a price of $2,065,000, resulting in a price per square foot of $123.

Summary of transation details

• Property Type: Mixed-Use
• Transaction Amount: $2,065,000
• Address: 1728 South Military Highway, Chesapeake, VA
• Market: Chesapeake, VA

Christine M. Kaempfe from Cushman & Wakefield represented MITS Property Management LLC as the buyer's broker, facilitating the transaction. On the other hand, John Lee of John Lee Associates served as the seller's representative in the deal.