Thursday, May 8, 2014

Wyndmoor Gardens Sells for $7.1M

Renzi Property Management, Inc. sold the 88-unit multifamily community at 219 E. Willow Grove Ave. in Philadelphia, PA to a private capital group for $7.1 million, or approximately $80,000 per unit. 

The 63,000-square-foot apartment complex consists of five buildings built in 1950. Wyndmoor Gardens offers two studios, 31 one-bedroom and 55 two-bedroom apartments with asking rents between $600 and $1,000 per month.

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