Rotter Realty Group purchased the Castle Club Apartments at 254 W. Trenton Ave. in Morrisville, PA from Home Properties, Inc. for $15 million, or approximately $95,000 per unit, according to public record documents.
The property totals 158 units on 8.7 acres. Built in 1967, it features a clubhouse, fitness center, fully equipped kitchens and many units have balconies or patios. The property was reported to be 97 percent occupied at the time of sale.
www.omegare.com
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