Douglas Hoeksema Purchases Development Site In Sanford For $6.15M

The development site located at 3475 E. Lake Mary Boulevard in Sanford was sold for $6,150,000. The transaction involved buyer Douglas Hoeksema and seller Sadique Jaffer. The deal was facilitated by brokers Brian Hunsicker, Jad Richa, and Nasser Al-Hafi from Capstone Companies.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $6,150,000
• Buyer: Douglas Hoeksema
• Seller: Sadique Jaffer
• Brokers: Brian Hunsicker, Jad Richa, and Nasser Al-Hafi - Capstone Companies @Capstone_CRE
• Address: 3475 E. Lake Mary Boulevard
• Market: Sanford

The buyer, Douglas Hoeksema, intends to develop a 284-unit multi-family community on the acquired development site.