Kiser Group announced the listing of Hampden Green Condominiums, a 206-unit high-rise building in the heart of Lincoln Park. The property offers an opportunity for multifamily investors, a strategy Kiser’s Senior Director Andy Friedman and Director Jake Parker have found repeat success with. The duo also recently closed on the Section 15 condominium deconversion sale at 6166 N. Sheridan for $31.5 million, which Becovic Management Group purchased.
Located at 2728 North Hampden Court, the property features 81 studios, 20 junior one-bedroom units, 104 one-bedroom units, and one two-bedroom and two-bath units. 60 percent of the units are investor-owned rental units, and the other 40 percent are owner-occupied.
The park, Lakefront, and Clark Street attractions are all a short walk from the building. “Hampden Green has an array of amenities, including a rooftop deck with a pool, a 22nd-floor party room that offers potential conversion into a gym, a laundry room, a management office, package lockers, and a 110-spot parking garage,” said Parker.
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Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate
Read MoreConnect CREKiser Group announced the listing of Hampden Green Condominiums, a 206-unit high-rise building in the heart of Lincoln Park. The property offers an opportunity for multifamily investors, a strategy Kiser’s Senior Director Andy Friedman and Director Jake Parker have found repeat success with. The duo also recently closed on the Section 15 condominium deconversion sale …
The post Kiser Lists Lincoln Park Condominium Prime for Deconversion appeared first on Connect CRE.