Thursday, January 10, 2013

Tenby Chase Apts Sell for $37.5M

Private investment firm Pantzer Properties has sold the Tenby Chase Apartments at 193 Tenby Chase Dr. in Delran, PA to SDK Apartments for $37.5 million, or about $115,000 per unit. 

The 327-unit multifamily complex was constructed in 1975 and renovated in 2001. The residential community was 98 percent leased at the time of sale.

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