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Holland & Wolf of Kislak sell Hershey multifamily portfolio for $10.2 million

Portfolio consists of four properties with 96

HERSHEY, PA— The Kislak Company, Inc. announced the recent sale of four multifamily properties with total of 96 units in the greater Hershey area for $10.2 million. President Robert Holland and vice president Matt Wolf arranged the sale on behalf of the seller and purchaser. “The seller chose to work with Kislak given our longer-term relationship and lengthy history selling multifamily properties in central Pennsylvania,” said Holland. “Kislak’s multifamily sales in Dauphin and Lebanon Counties alone total $350 million and include more than 7,500 units.” Commenting upon the sale, Wolf said: “It was a great opportunity for the purchaser to expand their local portfolio. Hershey continues to be an excellent rental market with the Hershey Medical Center only a few miles from the portfolio. It is also only a few minutes from downtown Hershey, which is lined with new restaurants and shops that are within walking distance of Hershey Park and the Hershey Outlets.”

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