SOLD
Stuho Acquires University Park Multifamily From Irvin Kanthak Trust For $46M With Brokers Ernie Carswell & Sean Rosenzweig
Douglas Elliman & Marcus & Millichap Brokers deal for $46,000,000 in University Park
MultiFamily
Sold 1 year ago
Summary
Sale
ILLINOIS
MultiFamily
The multifamily property located in University Park has been sold. The transaction took place on November 6, 2019. The property, consisting of 193 units, was sold for a total price of $46,000,000, resulting in an average price per unit of $238,341. The seller in this transaction was the Irvin Kanthak trust, while the buyer was Stuho.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $46,000,000
- Units: 193
- Price per Unit: $238,341
The deal was facilitated by a team of brokers. Ernie Carswell, Rick Tyberg, and Sam Shakerchi from Douglas Elliman, along with Sean Rosenzweig, Tony Azzi, Rabbie Banifsheha, and Rob Bellamy from Marcus & Millichap, represented the seller and buyer respectively.
Players
All
10
Agents
7
Agencies
3
Details
SOLD
IMAGE: Sam Shakerchi, Ernie Carswell, Tony Azzi & Sean Rosenzweig
DATE: 11/06/2019
MARKET: University Park
ASSET TYPE: Multifamily
SELLER: Irvin Kanthak trust
BUYER: Stuho
BROKERS: Ernie Carswell, Rick Tyberg, Sam Shakerchi - Douglas Elliman; Sean Rosenzweig, Tony Azzi, Rabbie Banifsheha & Rob Bellamy -Marcus & Millichap
PRICE: $46,000,000
UNITS: 193 ~ PPU: $238,341View on map
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AddressDouglas Elliman & Marcus & Millichap Brokers deal for $46,000,000 in University Park
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