HFF has announced that it has closed the sale of Avalon at Stratford Green, a 192-unit, Class A apartment and townhome community in Bloomingdale.
HFF marketed the property on behalf of the seller, Avalon Bay Communities Inc.
Avalon at Stratford Green is situated on a 12.7-acre site at 492 Vinings Drive adjacent to the Stratford Square Mall in the western Chicago suburb. Completed in 1997, the property has one-, two- and three-bedroom units averaging 1,234 square feet and is 97 percent occupied. Community amenities include a clubhouse/leasing center, heated pool with sundeck, barbeque/picnic areas and walking path. Most units feature private direct-access garages.
The HFF investment sales team representing the seller was led by Managing Director Marty O’Connell, Executive Managing Director Matthew Lawton and Managing Director Sean Fogarty.
“Avalon at Stratford Green is the newest apartment community in the Bloomingdale apartment submarket and is considered to be one of the very finest Class A communities in all of DuPage County,” O’Connell said.
