DCG is pleased to announce the recent multifamily sale of the 12-Unit complex at 40 La Rue Street, closing on August 11th. DCG’s Investment Team, Chris Shanks and Matt Dericco represented the Buyer, and DCG’s Multifamily Team, Trevor Richardson and Chris Moton represented the ownership group in the $3,300,000 transaction. 

A stabilized property at the time of sale with two unrenovated units, the buyer plans to renovate those units as turnovers occur. 

The complex is located in the heart of Midtown, in close proximity to The Pangolin Cafe, The Emerson, and many other new restaurants and bars.