SOLD
Wickenden Partners Acquires Multifamily Property In Hickory, NC For $6.25M
445 11th Avenue Northeast
MultiFamily
47,300 SF
47,300 SF
Sold 1 year ago
Summary
Sale
NORTH CAROLINA
MultiFamily
47,300 sqft
Located at 445 11th Ave. NE in Hickory, NC, this multifamily property was recently sold in a closed transaction. The property consists of 50 units with a total square footage of 47,300. The sale price was $6,250,000, resulting in a price per unit of $125,000 and a price per square foot of $132.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,250,000
- Units: 50
- Price per Unit: $125,000
- Square Footage: 47,300
- Price per Square Foot: $132
Wickenden Partners, represented by Cyrus Mojdehi and Danny Hirschberg, purchased the property from Kinley Properties. The transaction was facilitated by Michael Deaton of Deaton Investment Real Estate.
Players
All
1
Agents
1
Details
SOLD
IMAGE: Danny Hirschberg & Cyrus Mojdehi
DATE: 05/05/2022
ADDRESS: 445 11th Ave. NE
MARKET: Hickory, NC
ASSET TYPE: Multifamily
BUYER: Wickenden Partners - Cyrus Mojdehi (@CyrusMoj) & Danny Hirschberg (@DannyHirschberg)
SELLER: Kinley Properties
BROKER: Michael Deaton - Deaton Investment Real Estate
SALE PRICE: $6,250,000
UNITS: 50 ~ PPU: $125,000
SF: 47,300 ~ PPSF: $132View on map
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Address445 11th Avenue Northeast
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