IPO is pleased to announce the sale of 2 multifamily portfolios
Bloomfield Hills, MI – February 5, 2018 – Income Property Organization (IPO) Income Property Organization is pleased to announce the sale of 2 multifamily portfolios. The first portfolio is located in Midland, MI consisting of 449 units which sold to an international buyer for $24,000,000 or $53,452 per unit and the second is located in Southfield, MI consisting of 374 units which sold to an international buyer for $30,600,000 or $81,818 per unit.
Income Property Organization in Bloomfield Hills, Mich. offers customized brokerage services that are designed to meet the specific needs of a wide range of clients — private owners as well as institutional investors — who want to buy or sell income property. To learn more or inquire about multifamily investment opportunities, contact Greg Coulter at (248) 932-0300.