SPERRY VAN NESS BROKERS 66-UNIT MULTIFAMILY SALE

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ELYRIA, OHIO — Douglas Wilson in the Columbus, Ohio, office of Irvine, Calif.-based Sperry Van Ness has represented both parties in the sale of a multifamily community located at 103 Cheshire in Elyria. Situated on 3.8 acres, the 66-unit Hampshire Apartments houses 10 efficiency units, 51 one-bedroom units and five two-bedroom units. The complex was 91 percent occupied at the time of escrow. Ashland, Ohio-based Aspen Properties has purchased the community from Elyria-based 4M Investments for approximately $1.73 million.

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