Triad Real Estate Partners Announces Sale of 66-Unit Multifamily Asset in Muscatine, IA
The property was maintained very well by the owners and was a great fit for the Buyer who plans to hold as a long term investment.”
CHICAGO, IL, UNITED STATES, May 27, 2021 /EINPresswire.com/ -- Triad Real Estate Partners is pleased to announce the sale of a 66-Unit Multifamily asset in Muscatine, IA. — James Clough
The Contree Manoir Apartments was built between in 1977 and is in Muscatine, IA a town 30 miles southwest of the Quad Cities. This was only the second time the property has been sold since it was built.
The complex had 5 separate buildings containing 6- efficiency, 11 one-bedroom, and 49 two-bedroom units.
The property had been meticulously maintained the Seller, a family partnership, for 10 years. The Buyer was a family trust from suburban Chicago, looking to diversify their assets out of Illinois.
The Buyer and Seller were represented by Shaun Buss & James Clough of Triad Real Estate Partners and the loan was procured by Jim Vozza of CBRE.
James Clough
Triad Real Estate Partners
+1 773-551-1268
jclough@triadrepartners.com
Visit us on social media:
Facebook
Twitter
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
