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$15.1M Multifamily Portfolio Purchase – South East PA

by thiryj

CoStar reports:  GPX Realty Partners LP sold four apartment complexes totaling 225 units to The Galman Group for $15.1 million, or about $67,100 per unit.Langford Apartments, located at 360 N. Bethlehem Pike in Ambler, contains 36 units. Containing 39-units, the Livingstone Apartments are located at 240 E. County Line Road in Hatboro. The Wellington apartments contain a total of 136 units and are located at 2529 Horsham Road in Hatboro. The Oak Terrace Apartments has 14 units, and is located at 2621 Horsham Road in Hatboro. The three properties in Hatboro, PA are operated as one facility.

via The Galman Group Completes $15.1M Multifamily Portfolio Purchase – CoStar Group.