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Nearly 400 multifamily units sold in Lancaster County for $28.2M

By , - Last modified: December 21, 2012 at 10:10 AM

A portfolio of three multifamily properties in Lancaster County, totaling 387 units, recently sold for $28.2 million, according to California-based Marcus & Millichap Real Estate Investment Services, the firm who arranged the sale.

The properties are:

Windsor Court Townhomes, a 126-unit complex in East Hempfield Township. It sold for $10.9 million, or $73 per square foot.

Cherryhill Villas, a 118-unit complex in East Hempfield Township. It sold for $8.5 million, or $98 per square foot.

Sweetbriar Apartments, a 143-unit complex in Manheim Township. It sold for $8.8 million, or $76 per square foot.

The properties were purchased by a New York City-based limited liability corporation through property-specific limited partnerships, according to Lancaster County property records. The listed owners are SF Windsor Court LP, SF Cherry Hill LP and SF Sweetbriar LP.


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Jason Scott

Jason Scott

Jason Scott covers state government, real estate and construction, media and marketing, and Dauphin County. Have a tip or question for him? Email him at Follow him on Twitter, @JScottJournal. Circle Jason Scott on .

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NathanDavidson December 5, 2016 11:15 pm

What happens when a huge multifamily complex like these 3 buildings gets bought over? Are the residents forced to move? I've heard of countless stories about people who've had no choice but to shift their items to sself storage units Newcastle while they try to get back on their feet because wrongful eviction or unfair compensation for their apartments just because there are new owners in the fray. Let's hope that this is not the case for the people living here!