Walton Street Capital Acquires Pacifica Apartments In Boynton Beach For $92.7M

1100 Audace Avenue - Pacifica Apartments in Boynton Beach recently sold for a total price of $92,700,000. The property, classified as a Multifamily asset, spans over 10.2 acres. The transaction involved the sale of 324 units, resulting in a price per unit of approximately $286,111 and a price per acre of around $9,088,235. The sale took place on July 21, 2021, and was recorded by Neil Bluhm in an image shared on Instagram.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $92,700,000
• Address: 1100 Audace Avenue - Pacifica Apartments
• Market: Boynton Beach
• Units: 324
• Price Per Unit (PPU): $286,111
• Acres: 10.2
• Price Per Acre (PPA): $9,088,235

Walton Street Capital, represented by Neil Bluhm, acted as the buyer in the transaction, while Alta Developers served as the seller. The sale of 1100 Audace Avenue - Pacifica Apartments showcases the continued activity in the Boynton Beach market.