Blake of Pyramid Hudson Valley Sells Poughkeepsie Apartment Complex

Blake of Pyramid Hudson Valley Sells Poughkeepsie Apartment Complex

Guy Blake, CCIM of Cushman & Wakefield/Pyramid’s Hudson Valley office, closed the sale of 5-7 Tamarack Hill Road, an 8-unit apartment complex in the Town of Poughkeepsie, NY for $540,000. The buyer was a local investor. “The property needs some work,” said Blake, “but the new owner is from a construction family and saw the value that would come with a little effort.” The transaction was seller financed.