Brief
Berkadia Finalizes Sale of Garden-Style Elizabeth Apartments
Berkadia finalized the sale of Aberdeen Arms Apartments, a 52-unit, garden-style multifamily property in Elizabeth, NJ. Senior managing director Nat Gambuzza, senior director Trevor Fiebel and directo
Summary
Berkadia finalized the sale of Aberdeen Arms Apartments, a 52-unit, garden-style multifamily property in Elizabeth, NJ.
Senior managing director Nat Gambuzza, senior director Trevor Fiebel and director Nick Balancia of Berkadia Morristown led the transaction on behalf of the seller, a central New Jersey-based client who owned the property for over two decades.
Aberdeen Arms Apartments sold for $8,775,000 to another New Jersey-based buyer at a per-unit price of $168,750. The property was 100% oc
Source
- Connect CREconnectcre.com
