Investors Stephen and George Block have sold a 56-unit apartment building plus commercial space to a limited liability company for $13.5 million.

Trophy Properties LLC purchased the space, which is located at 701 Taylor St., at a price of $228,814 per unit.

The multifamily building consists of 34,589 rentable square feet on an approximately 0.2-acre lot. The building features 43 studio units, 13 one-bedroom/one-bath units and three ground-floor commercial units.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top