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Bohannon-Built Belmont Apartment Complex Trades for $20.5MM as Schilling Family Resets Tax Position
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Bohannon-Built Belmont Apartment Complex Trades for $20.5MM as Schilling Family Resets Tax Position
Levin Johnston brokers $525,641-per-unit sale of 39-unit El Dorado Apartments to the Flaherty family in a 1031 exchange, capitalizing on the Mid-Peninsula’s deepening divide between full Class B/C buildings and struggling Class A product. The Schilling family has cashed out of one of Belmont’s best-preserved 1960s-era apartment communities, selling the 39-unit El Dorado Apartments to […] The post Bohannon-Built Belmont Apartment Complex Trades f…
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