ALT Realty makes multifamily sale happen during COVID-10 crisis

April 15, 2020

Allentown, PA — Despite the challenges of conducting real estate business during the COVID-19 pandemic, Lisa Meszler Lyon of ALT Realty of Bethlehem, Pennsylvania, recently helped Priceless Holdings, LLC, troubleshoot and navigate the purchase of 24 S. 8th St. in Allentown, PA. The building, which sold for $1.2 million, has 7 luxury apartments and 1 commercial space for a total of 8,100 s/f. 
Priceless Holdings put forth the highest and best offer for the property. Meszler Lyon worked closely with the title company to determine how recording would be impacted by social distancing, and a plan was created for the closing process that kept everyone safe and healthy.
“For the right investors, this market may be a good time to purchase property,” said Meszler Lyon, commercial specialist, ALT Realty. “The 24 S. 8th St. property was the buyer’s first investment property purchase. The property was on the market for just days when there was a call for the highest and best offer, and I helped Priceless Holdings with its strong offer. I am proud that amid the current crisis, we were able to close the deal in a timely manner for the client.” READ MORE

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