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Sela Investments Sells Mapleview Apartments in Merchantville, New Jersey

Private Investor Acquires Multifamily Complex in Suburban Philadelphia for $9.75 Million
The 110-unit Mapleview Apartments in Merchantville, New Jersey. Photo: CoStar
The 110-unit Mapleview Apartments in Merchantville, New Jersey. Photo: CoStar
By Matthew Evans
CoStar Research
March 29, 2019 | 3:22 P.M.

Saint Louis Park, Minnesota-based Sela Investments sold a 110-unit multifamily complex in Merchantville, New Jersey, to a private investor. Mapleview Apartments sold for $9.75 million, or about $89,000 per unit.

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