Landmark Properties Acquires Student Housing In Miami For $23.3M With J. Wesley Rogers & James Whitley

The student housing property located at 5830 Southwest 57th Avenue in Miami has been sold for a price of $23,300,000. The transaction took place on December 30, 2021. The property sits on a 2-acre lot and offers 128 beds across its units. The buyer of the property is Landmark Properties represented by J. Wesley Rogers and James Whitley. They acquired the property from CA Ventures, with Tom Scott representing the seller. The sale included 79 units, resulting in a price per unit of $294,937.

Summary of transaction details

• Property Type: Student Housing
• Transaction Amount: $23,300,000
• Address: 5830 Southwest 57th Avenue, Miami
• Market: Miami
• Acres: 2
• Beds: 128
• Buyer: Landmark Properties - J. Wesley Rogers & James Whitley
• Seller: CA Ventures - Tom Scott
• Units: 79
• Price Per Unit: $294,937

J. Wesley Rogers and James Whitley, representing Landmark Properties, successfully purchased the student housing property. Tom Scott, on behalf of CA Ventures, facilitated the sale. This transaction represents a significant investment in the student housing market in Miami.