Maor Iluz Acquires Multifamily Portfolio In Kissimmee For $2.1M

A multifamily property located at 148 Royal Palm, 151 Turpin Ln, 141 Jones Ln, and 139 Jones Ln in Kissimmee has been sold for $2,100,000. The sale was completed on December 22, 2021, and the property consists of 16 units, with a price per unit of $131,250. The total square footage of the property is 16,880, resulting in a price per square foot of $124.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,100,000
• Units: 16
• Price per Unit: $131,250
• Square Footage: 16,880
• Price per Square Foot: $124

The buyer of the property is Maor Iluz, while the seller is Michael Harris. The transaction was facilitated by the broker Michael Ault from The Corcoran Connection.