Douglas Hoeksema Purchases Development Site In Sanford For $6.15M | 3475 Lake Mary Boulevard | Jad Richa, Brian Hunsicker, Nasser Al-Hafi | Development Site | Sale

Summary

Sale

FLORIDA

Development Site

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.

Players

All
4

Agents
3
Agencies
1

Jad Richa

Managing Director, Florida Production Lead

$88M Sold

Brian Hunsicker

Senior Advisor

$43.6M Sold

Nasser Al-Hafi

Investment Sales Advisor

$14.8M Sold

Capstone Companies

Details

Deal Summary

SOLD

IMAGE: Nasser Al-Hafi, Jad Richa & Brian Hunsicker DATE: 03/05/2024 ADDRESS: 3475 E. Lake Mary Boulevard MARKET: Sanford ASSET TYPE: Development Site BUYER: Douglas Hoeksema SELLER: Sadique Jaffer BROKERS: Brian Hunsicker (@Brian.Hunsicker), Jad Richa (@Richa_Jad) & Nasser Al-Hafi (@AlHaFinas) - Capstone Companies @Capstone_CRE SALE PRICE: $6,150,000 NOTE FROM BROKERS: Buyer intends to develop a 284-unit multi-family community

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Address3475 Lake Mary Boulevard

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