SOLD
Empire Magnolia Florida, LLC Acquires Multifamily In Melbourne For $3.9M
108 West Fee Avenue
MultiFamily
20,256 SF
20,256 SF
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
20,256 sqft
The multifamily property located at 108 West Fee Avenue in Melbourne has been sold. The transaction took place on May 1, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,898,000
- Address: 108 West Fee Avenue, Melbourne
- Market: Melbourne
The buyer, Empire Magnolia Florida, LLC, has acquired the property from the seller, Magnolia 108 LLC. The deal was facilitated by the brokers from RPH Multifamily Group - Marcus & Millichap, namely Duane Anderson, Ned Roberts, Adam Podbelski, and Jason Hague.
The property consists of 40 units, with a price per unit of $97,450. It spans a total area of 20,256 square feet, with a price per square foot of $192.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Adam Podbelski, Jason Hague, Ned Roberts & Duane Anderson
DATE: 05/01/2022
ADDRESS: 108 West Fee Avenue
MARKET: Melbourne
ASSET TYPE: Multifamily
BUYER: Empire Magnolia Florida, LLC
SELLER: Magnolia 108 LLC
BROKERS: Duane Anderson (@DuAnderson9), Ned Roberts (@NedRoberts3), Adam Podbelski & Jason Hague - RPH Multifamily Group (@RphMultiFamily) - Marcus & Millichap (@MarcusMillichap_Fl)
SALE PRICE: $3,898,000
UNITS: 40 ~ PPU: $97,450
SF: 20,256 ~ PPSF: $192View on map
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Address108 West Fee Avenue
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