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Cohen-Esrey Acquires Bartram Park Multifamily Complex In Florida For $75.5M

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SOLD
$75,000,000

Florida

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Sold 05/02/2023
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Property Image
SOLD

Cohen-Esrey Acquires Bartram Park Multifamily Complex In Florida For $75.5M

13525 Bartram Park Boulevard

See Similar Deals
Sold 05/02/2023

Summary

FLORIDA
Transaction Type:Sale

A multifamily property located at 13525 Bartram Park Boulevard in Jacksonville, Florida has been sold in a closed transaction. The property spans across 19.67 acres and consists of 20 buildings with a total of 323 units.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $75,500,000
  • Units: 323
  • Price Per Unit: $233,746
  • Date: 05/02/2023
  • Market: Jacksonville
  • Buyer: Cohen-Esrey - Lee Harris
  • Seller: Centennial Holding Co.
  • Lender: Berkeley Point Capital

The buyer in this transaction is Cohen-Esrey, a Merriam-based firm, represented by Lee Harris. The seller is Centennial Holding Co. Berkeley Point Capital provided the financing for the sale of the property.

It is worth noting that the Bartram Park apartment complex was previously sold in 2019 for $57.7 million.

Players

BUYER

Details

SOLD
IMAGE: Lee Harris DATE: 05/02/2023 ADDRESS: 13525 Bartram Park Boulevard MARKET: Jacksonville ASSET TYPE: Multifamily ~ ACRES: 19.67 BUYER: Cohen-Esrey - Lee Harris SELLER: Centennial Holding Co. LENDER: Berkeley Point Capital SALE PRICE: $75,500,000 UNITS: 323 ~ PPU: $233,746 NOTE: Cohen-Esrey, a Merriam-based firm, has purchased a Bartram Park apartment complex in Florida for $75.5 million. The 20-building complex with 323 units was previously sold in 2019 for $57.7 million.

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