Marcus & Millichap Brokers Sale Of 44-Unit Multifamily Property In Oviedo For $7.75M

Oviedo Oaks Villas is a multifamily property located at 1080-1126 Laurel Oaks Court in Oviedo, FL. The property consists of 44 units, with a total sale price of $7,750,000. Spanning 7.98 acres, it features 22 single-story buildings constructed in 1985, primarily consisting of three-bedroom units situated near major developments and employment hubs.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,750,000
• Address: 1080-1126 Laurel Oaks Court
• Market: Oviedo
• Units: 44
• Price Per Unit: $176,136

Marcus & Millichap brokered the sale, with brokers Matt Prozzillo, Ben Skinner, Ray Turchi, and David Vaughan involved in the transaction. The property was acquired by a New York-based family office following a one-week competitive marketing process.