Hull Multifamily Advisors brokered the sale of Park Manor Apartments, a 97-units multifamily community in Berrien Springs, Michigan.
HMA’s Managing Principal, Austin Hull, advised both the buyer and seller in the transaction.
The out-of-state buyers not only successfully completed a 1031 exchange but also assumed the sellers below market agency loan. The seller successfully completed a 6-year value add plan over doubling the property’s value.
