SOLD
Whitestone Capital Acquires Student Housing In Tallahassee For $8.1M
400 Putman Drive
Sold 1 year ago
Summary
Sale
FLORIDA
The student housing property located at 400 Putman Drive in Tallahassee has been sold for a total of $8,100,000. The transaction took place on 11/03/2022 and involved a total of 80 units with a price per unit (PPU) of $101,250. The property consists of 320 beds, resulting in a price per bed (PPB) of $25,313.
Summary of transaction details
- Property Type: Student Housing
- Transaction Amount: $8,100,000
- Address: 400 Putman Drive, Tallahassee
- Units: 80
- Price Per Unit (PPU): $101,250
- Beds: 320
- Price Per Bed (PPB): $25,313
The buyer of the property is Whitestone Capital, while the seller is The Rosdev Group. The deal was facilitated by Benjamin Skinner and Matthew Prozzillo from Marcus & Millichap acting as the brokers in the transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Matthew Prozzillo & Benjamin Skinner
DATE: 11/03/2022
ADDRESS: 400 Putman Drive
MARKET: Tallahassee
ASSET TYPE: Student Housing
BUYER: Whitestone Capital
SELLER: The Rosdev Group
BROKERS: Benjamin Skinner & Matthew Prozzillo (@MattProzzillo) - Marcus & Millichap (@MarcusMillichap_Fl)
SALE PRICE: $8,100,000
UNITS: 80 ~ PPU: $101,250
BEDS: 320 ~ PPB: $25,313View on map
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Address400 Putman Drive
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