print header

# 1 Commercial Real Estate Information Company

  • Find Properties 
  • Market Properties 
  • Analyze Properties 
Products
Commercial Real Estate News

Fannie Mae Sells Wilmington Court Apts.

IPA Handles Trade of $1.6 Million REO Property
November 12, 2012
Fannie Mae sold Wilmington Court at 959 Xenia Ave. in Wilmington, OH, to Cincinnati-based Three M Real Estate Ventures of Ohio LLC for $1.6 million, or about $22 per unit.

The 72-unit multifamily building was constructed in 1994 and consists of 12 two-bedroom/one-bathroom, 24 two-bedroom/two-bathroom and 36 three-bedroom/two-bathroom units. It is about one hour southwest of Cincinnati.

Jeff Dilbone and Steve Turman of Investment Property Advisors represented both sides.

Please see CoStar COMPS #2588724 for more information on this transaction.

 Find us on 

Welcome To CoStar's
Industry-Focused,
Award-Winning News

Winner of three Journalism Awards from the National Association of Real Estate Editors (NAREE)

Award-Winning News