Larry Eichler's Eichler Realty Company Purchases Mixed-use Property In Washington Borough, NJ For $7.8M
64-68 Washington Avenue
41,956 SF
Summary
Located in Washington Borough, NJ, the mixed-use property at 64-68 Washington Ave recently changed hands in a closed sale transaction. The buyer, Larry Eichler of Eichler Realty Company, acquired the property for a total purchase price of $7,825,000. The sale was facilitated by Mark Hay of KW Commercial, who represented Larry Eichler as the broker.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $7,825,000
- Units: 70
- Price per Unit: $111,786
- Market: Washington Borough, NJ
Spanning across the mixed-use property are 70 units, offering a price per unit of approximately $111,786. The transaction, which took place on 29th August 2021, showcases Larry Eichler's acquisition of the property through his real estate company, Eichler Realty Company. Mark Hay, a broker from KW Commercial, played a pivotal role in facilitating the sale on behalf of Larry Eichler.
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