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Laub Realty Acquires 24-Unit Multifamily In Forks Township, PA For $8.4M

2280 Lafayette Park Drive
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This MultiFamily property located in PA was sold for $8,400,000 over 1 year ago. The brokers of the deal were Bryan Manz, Emil DePasquale, and George Pektor

The recent transaction in Forks Township, PA involves a multifamily property located at 2250-2280 Lafayette Park Drive. The property was sold for a total price of $8,400,000. The asset consists of 24 units, with a price per unit of $350,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $8,400,000
  • Address: 2250-2280 Lafayette Park Drive, Forks Township, PA
  • Units: 24
  • Price Per Unit: $350,000

The buyer in this transaction is Laub Realty, while the sellers are Ashley Development Corporation and Black Bear Asset Management. The brokers involved in the deal are Bryan Manz, Emil DePasquale, and George Pektor from Black Bear Capital Partners.

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Deals
  • Location
    2280 Lafayette Park Drive2280 Lafayette Park Drive
  • Sale Price
    $8,400,000$8,400,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

George Pektor

George Pektor

Deals23
Financed$255.7M

Agency

Black Bear Capital Partners

Black Bear Capital Partners

Agency
Deals294
Volume$6.3B

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Deal Summary

SALE IMAGE: Emil DePasquale & George Pektor DATE: 11/01/2022 ADDRESS: 2250-2280 Lafayette Park Drive MARKET: Forks Township, PA ASSET TYPE: Multifamily BUYER: Laub Realty SELLER: Ashley Development Corporation & Black Bear Asset Management BROKERS: Bryan Manz, Emil DePasquale & George Pektor - Black Bear Capital Partners SALE PRICE: $8,400,000 UNITS: 24 ~ PPU: $350,000

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2280 Lafayette Park Drive

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