The selling price was $15.6 million, or $55,714 per unit, or $43.68 per sf. The assessed value is $9.94 million. The four-story buildings, with a total of 280 units, were completed in 1972 on an 8.5 acre site. They sold for $7.95 million in 1994.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.