Kenwood Multifamily Trades for Lofty Per-Unit Price

Harrison Pinkus
Joe Smazal
Harrison Pinkus
Joe Smazal
Multifamily
News
Transactions

Locally-based Interra Realty reports it has brokered the sale of the four-story, 31-unit apartment complex at 4740-48 S. Greenwood Ave. in the Kenwood district for the highest per-unit price in a decade in that area.

The brokerage firm states the multifamily property sold for $5.575 million, which calculates out to $179,839 per unit, which was the highest price per unit for a single property in Kenwood in the last 10 years, according to CoStar data.

Read article: Globe St.