In The News – BISNOW | The Deal Sheet |$7.1 Million Sale

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Interra Realty brokered the $7.1M ($338,095/unit, 6.9% cap rate) sale of a 21-unit elevator apartment building (above) at 2902-10 W Belmont Ave in Avondale. Managing partners Joe Smazal and James Clough repped the seller, a local developer, and managing partner Ted Stratman repped the buyer, a venture of New York-based CLK Properties.

 

Deal Sheet - Belmont - 2902_JJ-TS