SRO Housing Changes Hands in Hyde Park

Kiser Group recently represented the buyer and seller of Park Beach Apartments, located at 5327 S. Cornell Ave. in the Hyde Park neighborhood. The 77-unit Single Room Occupancy (SRO) building sold for $2.2 million. Jimal Gilbert and Lee Kiser were the brokers in the transaction. “Park Beach Apartments offers the buyer the opportunity to own a stabilized building with seasoned staff in a highly…


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