KW Commercial, The Daniel Perich Group is pleased to announce the sale of 404 Park Ave, Stroudsburg, PA to a local investor who was looking for a replacement property as part of his 1031 Exchange. Although the building was not on the market at the time, Daniel M. Perich, CCIM made contact with the owner and brought the deal to life.
The almost 8000 sq ft office building is full and has a long-term lease in place with the area’s leading residential real estate company. The investment provides a strong rate of return for the buyer while keeping his investment dollars in the local market.
KW Commercial, The Daniel Perich Group is a northeast Pennsylvania commercial real estate company that represents clients and customers on their commercial and investment real estate needs. In addition, The Daniel Perich Group also offers consulting services, tenant procurement, property evaluations, and investment analysis.
For more information about real estate investing, contact KW Commercial, The Daniel Perich Group at (570) 213-4900.