46 Unit Apartment Complex Sold for $6,775,000

The 2 star garden style apartments sold for $6,775,000 in September of 2019. The Village Monroe apartment complex has 46 units in 11 buildings. The overall square footage of the complex is 39,040. SVN Bluestone & Hockley advisors represented the buyer in a reverse 1031 as well as a refinance! Complicated transaction but we were able to push it through for the client!