Wednesday, August 7, 2013

Independence Square Apts Trade for $8.9M

Geller Associates sold the Independence Square Apartments at 1 Maryland Cir. in Whitehall, PA to Andover Properties for $8.94 million, or about $67,000 per unit. 

The 133-unit multifamily building sits on almost five acres in the Lehigh / Northampton submarket of Philadelphia. The complex was over 95 percent occupied at the time of sale. 

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