Triwest Development Acquires Multifamily Property In Winter Springs, FL From JSB Capital Group For $47.3M
1020 Chatham Pines Circle
Summary
Triwest Development has acquired a multifamily property located at 1020 Chatham Pines Cir in Winter Springs, FL. The transaction, facilitated by brokers Aaron Jungreis and Alan Soclof of Rosewood Realty, involved the sale of the property by JSB Capital Group for a total price of $47,300,000. The property consists of 208 units, with an average price per unit of $227,404.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $47,300,000
- Address: 1020 Chatham Pines Cir, Winter Springs, FL
- Market: Winter Springs, FL
- Buyer: Triwest Development
- Seller: JSB Capital Group
- Brokers: Aaron Jungreis & Alan Soclof - Rosewood Realty
- Units: 208
- Price per Unit: $227,404
The successful acquisition of this multifamily property showcases Triwest Development's commitment to expanding its real estate portfolio. Collaborating with brokers Aaron Jungreis and Alan Soclof from Rosewood Realty, Triwest Development secured a lucrative deal with JSB Capital Group. This transaction highlights the expertise and negotiation skills of both parties involved.
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