Thursday, May 13, 2010

Devon Park Apartments Sells for $4.3M

"Joseph E. Palmer Inc. sold the Devon Park Apartments at 30 N. Waterloo Road in Devon, PA, to private investors for $4.3 million, or about $73,000 per unit.

The 82,711-square-foot multifamily property was built in 1974 and consists of 59 apartment units in three buildings. The complex was built on 6.2 acres in the Upper Main Line submarket."

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