Benito Mueller Acquires 11-Unit Multifamily In Eagle Rock For $3.8M

The multifamily property located at 1435 North Avenue 47 in Eagle Rock was recently sold for a total of $3,800,000. The transaction took place on February 9, 2022, with the buyer being Benito Mueller and the seller being Thomas Bayles. The property consists of 11 units, resulting in a price per unit of $345,454. It spans across 8,628 square feet, resulting in a price per square foot of $440.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,800,000
• Address: 1435 North Avenue 47
• Market: Eagle Rock
• Buyer: Benito Mueller
• Seller: Thomas Bayles
• Brokers: Jason Tuvia & Colt Maloney - Marcus & Millichap
• Units: 11
• Price per Unit: $345,454
• Square Feet: 8,628
• Price per Square Foot: $440

The deal was facilitated by brokers Jason Tuvia and Colt Maloney from Marcus & Millichap. They represented both the buyer, Benito Mueller, and the seller, Thomas Bayles, in this transaction.