Saturday, June 12, 2010

Investors Pay $2.6M for Pottstown Apt. Complex

"Private investors acquired the 60-unit Wexford Apartments in Pottstown, PA, from Hoy Storage Inc. for $2.55 million, or about $42,500 per unit.

The apartment complex at 456 Elm St. delivered in 1972 and totals 39,490 square feet. At the time of sale the property was 90% occupied."

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