Connect CRE: Renovated Apartments Trade in Kenwood
Interra Realty brokered the $4.55-million sale of 5001 S. Drexel Blvd., a 33-unit renovated apartment building in Kenwood. The per-unit price was $137,878, among the highest in the submarket in recent years.
Managing partner Ted Stratman and director Jeremy Morton represented the seller, a local real estate investment group that works often with Stratman and engaged him to sell the property off-market. Stratman and Morton also represented the buyer, a New York-based family office.
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