BH Equities And PIA Residential Acquire Orange Park Multifamily From WRH Realty Services For $33.4M

Located in Orange Park, the multifamily property at 114 Old Orange Park Road has recently been sold in a closed transaction. The property, consisting of 284 units, was acquired by BH Equities and PIA Residential, represented by Danny Kattan and Saul Levy. The seller, WRH Realty Services, enlisted the services of broker Erik Bjornson from Newmark Knight Frank.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $33,400,000
• Market: Orange Park
• Address: 114 Old Orange Park Road

The sale of this multifamily property represents a significant investment in Orange Park's real estate market. The transaction was facilitated by Erik Bjornson from Newmark Knight Frank, who acted as the broker for the buyer and seller. With a total of 284 units, this property offers a lucrative opportunity for BH Equities and PIA Residential, as they expand their portfolio in the area. The acquisition price of $33,400,000 reflects the value and potential of this asset.