Snell Properties Acquires Mixed-Use Property In Orlando For $106M
101 Lake Avenue
Summary
101 Lake Ave, located in Orlando, was recently sold in a closed transaction. The mixed-use property was purchased by Snell Properties, represented by Chris Hanessian. The deal was facilitated by brokers Brian Moulder and Chris Chadbourne from Walker & Dunlop. The sale price for the property was $106,000,000. The property consists of 233 units, with a price per unit of $454,936.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $106,000,000
- Address: 101 Lake Ave, Orlando
- Market: Orlando
- Buyer: Snell Properties - Chris Hanessian
- Brokers: Brian Moulder & Chris Chadbourne - Walker & Dunlop
- Units: 233
- Price per Unit: $454,936
This transaction highlights the involvement of Chris Hanessian from Snell Properties as the buyer and Brian Moulder and Chris Chadbourne from Walker & Dunlop as the brokers who facilitated the deal. The acquisition price of $106,000,000 reflects the value of the mixed-use property, consisting of 233 units. This successful transaction signifies the partnership between the buyer, seller, and their respective representatives in the real estate market of Orlando.
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