Tuesday, June 2, 2009

HFO brokers sale of 16-unit complex in Westmoreland for $1.725 million

The Westmoreland 16 Apartments, built in 1947, have sold for $1.725 million or $107,813 per unit. This complex of cottage-style apartments is made up of two seperate tax lots with eight units in each tax lot, making it a total of (12) 1-bed 1-bath apartments and (4) 2-bed 1-bath units. This complex includes eleven garages in addition to individual basements, some with washer/dryer hookups.

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