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Downtown Harrisburg apartments sell for $12 million

Ioannis Pashakis//May 22, 2020//

Downtown Harrisburg apartments sell for $12 million

Ioannis Pashakis//May 22, 2020//

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Mulberry Station Apartment Homes in Harrisburg were sold for $12 million by New Jersey-based The Kislak Company. PHOTO PROVIDED

Woodbridge, New Jersey-based real estate agency The Kislak Company recently closed on the Mulberry Station Apartment Homes in downtown Harrisburg for over $12 million.

The 200 South Court Street property was purchased by an unnamed developer already operating a property in the city, according to Matt Wolf, vice president at the agency.

Matthew Wolf, vice president of The Kislak Company, and Rob Holland, the company’s president.

Wolf and Rob Holland, president of Kislak, sold the property.

“We received a tremendous amount of interest and offers given the lack of supply in the central Pennsylvania market,” said Wolf. “The purchaser is very excited to increase his presence in the Harrisburg market and this is an excellent opportunity for him to obtain a second local property.”

Mulberry Station Apartment Homes is made up of two buildings with 20 one-bedroom, 60 two-bedroom and 20 three-bedroom units. About half of the units had interior upgrades to their kitchens and bathrooms last year, the agency said.

The complex was originally built in 1987 and features keyed entry with intercom, private entrances and attached two-car garages.

Kislak operates in New Jersey, New York, Pennsylvania and Delaware.