Holland & Wolf of Kislak sell Hershey multifamily portfolio for $10.2 million

HERSHEY, PA— The Kislak Company, Inc. announced the recent sale of four multifamily properties with total of 96 units in the greater Hershey area for $10.2 million. President Robert Holland and vice president Matt Wolf arranged the sale on behalf of the seller and purchaser.
“The seller chose to work with Kislak given our longer-term relationship and lengthy history selling multifamily properties in central Pennsylvania,” said Holland. “Kislak’s multifamily sales in Dauphin and Lebanon Counties alone total $350 million and include more than 7,500 units.”
Commenting upon the sale, Wolf said: “It was a great opportunity for the purchaser to expand their local portfolio. Hershey continues to be an excellent rental market with the Hershey Medical Center only a few miles from the portfolio. It is also only a few minutes from downtown Hershey, which is lined with new restaurants and shops that are within walking distance of Hershey Park and the Hershey Outlets.”

 

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