NAPERVILLE, IL-A joint venture including Troy, Michigan-based Hayman Co. has agreed to purchase Country Lakes Apartments, an apartment complex consisting of 640 units in Naperville. The joint venture will acquire the complex from Apartment Investment & Management Co. based out of Denver
Country Lakes Apartments is located just south of Interstate 88 and west of State Route 59. Sales price could not be fixed, but one person has estimated that the complex may fetch nearly $60 million or about $93,000 per unit.For the full story, go to Crain's Chicago Business.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.