Vantage Properties LLC acquired the Marquis Apartments at 251 W. Dekalb Pike in King of Prussia, PA from Metropolitan Properties of America, Inc. for $68 million, or more than $104,000 per unit.
The nine-story, 804,184-square-foot multifamily building was constructed in 1970 on 26.7 acres in suburban Philadelphia's Montgomery County. The 651 units are an even mix of studios, one-, two-, and three-bedroom apartments ranging in size from 394 to 1,537 square feet. The asset was fully occupied at the time of sale.
www.omegare.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.