Williams Portfolio 22 Inc Acquires 253-Unit Multifamily In Jacksonville For $82.5M

Located at 13723 Atlantic Blvd in Jacksonville, this multifamily property was recently sold in a closed transaction. The property, known as Terrabella Residences LLC, was purchased by Williams Portfolio 22 Inc for a price of $82,500,000. The property consists of 253 units, with an average price per unit of $326,087.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $82,500,000
• Address: 13723 Atlantic Blvd
• Market: Jacksonville
• Buyer: Williams Portfolio 22 Inc
• Seller: Terrabella Residences LLC
• Brokers: Brian Moulder, Bobby Gatling & Dhaval Patel - Walker & Dunlop
• Units: 253
• Price per Unit: $326,087

The deal was facilitated by the brokers Brian Moulder, Bobby Gatling, and Dhaval Patel from Walker & Dunlop. Their expertise and negotiation skills played a crucial role in the successful completion of this transaction.