Avanath Capital Management Acquires Mixed-Use Property In Orlando For $62.5M

Avanath Capital Management has acquired a mixed-use property located at 595 Church Street in Orlando. The transaction was facilitated by Daryl J. Carter from Marcus & Millichap Affordable Housing Advisors. The property, which was sold for a price of $62,500,000, comprises 266 units, resulting in a per unit price of $234,962.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $62,500,000
• Units: 266
• Price Per Unit: $234,962

Daryl J. Carter, representing Avanath Capital Management, worked with Marcus & Millichap Affordable Housing Advisors to facilitate the sale. The transaction was successfully closed on September 23, 2022. The property, located in the Orlando market, offers a diverse mix of residential and commercial spaces.