Tiburzi of Houlihan-Parnes handles $27.3 million sale

Westville, NJ Rob Tiburzi of Houlihan-Parnes Realtors, LLC arranged the sale of Inverness Apartments, a garden-apartment complex located at 5600 Shetland Way. The complex, which includes 368 units on 30 acres, sold for $27.3 million. “The sale represented the successful conclusion of a ten year investment by his partners.  The combination of low interest rates and a well-managed property led to us obtaining a sales price higher than most of the brokerage community expected,” said Tiburzi.