Capstone has closed the sale of 534 Logan St, a recently renovated and well maintained 4-unit multifamily property for the sale price of $1,500,000. Nik MacCarter of Capstone represented the Seller, Benton C. Adams of Capstone represented the Buyer.
This turnkey asset was completely renovated in 2019 and has been well maintained by the previous ownership and management. Rents are at market and there have been no missed collections due to the high caliber tenant base.
534 Logan St is conveniently located at Logan and 6th Ave. The buyer plans to continue to run the building as is and hold onto for the foreseeable future.
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About Capstone:
The goal of Capstone is to help generate, maintain, and increase the value and profitability of our clients’ multi-housing investment properties. To do so, we provide comprehensive multi-housing advisory services in asset acquisition and development, strategic ownership decisions, market insight and positioning, property value analysis, and disposition brokerage to support our clients in every stage of ownership. This comprehensive multi-housing-focused service offering paired with our relentless drive to win on behalf of our clients is what sets us apart from pedestrian brokerage firms. Capstone simply put: Expertise. Experience. Extra-Mile.
