SOLD
TM Associates Acquires 50-Unit Multifamily Property In Orwigsburg, PA For $120,000
1 Applewood Circle
MultiFamily
37,500 SF
37,500 SF
Summary
Sale
PENNSYLVANIA
MultiFamily
37,500 sqft
The multifamily property located at 1 Applewood Circle in Orwigsburg, PA has been sold in a closed transaction. The property consists of 50 units with a sale price of $120,000, resulting in a price per unit of $2,400. The total square footage of the property is 37,500, with a price per square foot of $3.2. The transaction took place on the date of 12/23/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $120,000
- Units: 50
- Price Per Unit: $2,400
- Square Footage: 37,500
- Price Per Square Foot: $3.2
In this transaction, the buyer was TM Associates, while the seller was Applewood LP. The broker Jonathan Massaro from SCOPE represented both the buyer and the seller. It is important to note that this property is a 515 RD facility, which resulted in X times management fee due to its nature.
Read LessPlayers
All
1
Agents
1
Details
SOLD
IMAGE: Jonathan Massaro
DATE: 12/23/2021
ADDRESS: 1 Applewood Circle
MARKET: Orwigsburg, PA
ASSET TYPE: Multifamily
BUYER: TM Associates
SELLER: Applewood LP
BROKER: Jonathan Massaro (@GottaPaytoPlay) - SCOPE
ASKING PRICE: $120,000
SALE PRICE: $120,000
UNITS: 50 ~ PPU: $2,400
SF: 37,500 ~ PPSF: $3.2.2
NOTE: Massaro exclusively represented the buyer and seller in this 515 RD facility. This facility X times management fee due to the 515 RD nature of the facility.View on map
Loading...
Address1 Applewood Circle
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want