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SOLD – MULTIFAMILY PARCEL, WETUMPKA, AL., JUNE 28, 2019

SOLD – MULTIFAMILY PARCEL, WETUMPKA, AL., JUNE 28, 2019

John Stanley, CCIM has represented William R. Welch, et al in the sale of a ± 7.81 acre parcel of land located on U.S. Hwy 231 in Wetumpka, AL.  The Buyer is Nathan Ridge, Ltd.  The property will be developed as a 56 unit senior housing apartment complex.  The sales price was $550,000.00 ($70,425/AC.).