Thursday, May 13, 2021

Lancaster County Multifamily Complex Trades for $17 Million

 By Rachel Whaley CoStar Research

The Villas at Willow Run, a 72-unit multifamily complex in Lancaster County, Pennsylvania, has sold for $17 million.

Laub Realty acquired the property from a private investor taking title as Willow Run LLC for about $236,000 per unit, according to CoStar data.

The townhouse rental complex was built in 2019 at 26 Utley Place in Willow Street, located minutes from Millersville and downtown Lancaster. The 12-building property comprises two- and three-bedroom units ranging in size from 1,400 to 1,500 square feet. The Villas at Willow Run was 100% occupied at the time of the sale.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.