Ashcroft Capital Acquires Multifamily Asset Braxton Waterleigh In Winter Garden For $84.93M

The multifamily asset involved in this transaction is located at 10091 Tuller Loop in Winter Garden, featuring 354 units. The sale price for the property was $84,930,000, resulting in a per unit price of $239,915. This deal represents a significant investment within the multifamily market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $84,930,000
• Units: 354
• Buyer: Ashcroft Capital
• Seller: PassiveInvesting.com
• Broker: Scott Ramey - Newmark

Scott Ramey, representing Newmark, facilitated the transaction between buyer Ashcroft Capital and seller PassiveInvesting.com. This deal reflects a notable shift in market dynamics, as the seller experienced a 7% loss, having purchased the property for $91.6 million three years prior. Additionally, this marks the second-largest multifamily transaction in Orlando for the current year.