Adirondack Capital Partners Negotiates Sale of 952-Unit Apartment Community in Ballston Spa, New York
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Adirondack Capital Partners Negotiates Sale of 952-Unit Apartment Community in Ballston Spa, New York
BALLSTON SPA, N.Y. — Regional brokerage firm Adirondack Capital Partners has negotiated the sale of Northway Eleven Communities, a 952-unit apartment community in Ballston Spa, a northern suburb of Albany. The exact sales price was not disclosed, but Adirondack says that the deal traded for more than $100 million. The property consists of 240 buildings on a 131-acre site and offers 1,027-square-foot, two-bedroom apartments and 1,385-square-foot,…
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