SOLD
Broadview Sells 164-Bed Student Housing In Tallahassee For $6.1M With Marcus & Millichap Brokers
2309 Old Bainbridge Road
Sold 1 year ago
Summary
Sale
FLORIDA
A student housing property located at 2309 Old Bainbridge Road in Tallahassee has been sold for a price of $6,125,000. The property, situated on a 5.14-acre lot, consists of 41 units and a total of 164 beds. The sale price per unit was approximately $1,493,902, while the price per bed was around $373,476. The transaction took place on October 18, 2022.
Summary of transaction details:
- Property Type: Student Housing
- Transaction Amount: $6,125,000
- Address: 2309 Old Bainbridge Road, Tallahassee
- Market: Tallahassee
- Total Acres: 5.14
- Units: 41
- Beds: 164
- Price per Unit (PPU): $1,493,902
- Price per Bed (PPB): $373,476
The seller of the property was Broadview, and the transaction was facilitated by Matthew Prozzillo and Benjamin Skinner from Marcus & Millichap.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Matthew Prozzillo & Benjamin Skinner
DATE: 10/18/2022
ADDRESS: 2309 Old Bainbridge Road
MARKET: Tallahassee
ASSET TYPE: Student Housing ~ ACRES: 5.14
SELLER: Broadview
BROKERS: Matthew Prozzillo (@MattProzzillo) & Benjamin Skinner - Marcus & Millichap (@MarcusMillichap_Fl)
SALE PRICE: $6,125,000
UNITS: 41 ~ PPU: $1,493,902
BEDS: 164 ~ PPB: $373,476View on map
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Address2309 Old Bainbridge Road
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