Emess Management acquired the Levittown Trace Apartments at 3000 Ford Rd. in Bristol, PA from Kamson Corporation for $26.1 million, or about $42,000 per unit.
The 617-unit multifamily community consists of a mix of junior, one- and two-bedroom units in 12 buildings. It was built in 1974 in the Lower Bucks County Multifamily submarket. The asset was 90 percent 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.