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1637 Ascend Village Lane

Updated Aug 27, 2026

Bilt advertisement
C63 Investments Acquires 300-Unit Infinite Clay Town Center In Middleburg For $52.8M
SOLDMultiFamily

C63 Investments Acquires 300-Unit Infinite Clay Town Center In Middleburg For $52.8M

1637 Ascend Village Lane

$52,800,000

Units

300

Asset Type

MultiFamily

Closing

Aug 26, 2026

About this deal

AI

The property involved in the transaction is a multifamily asset located at 1637 Ascend Village Lane in Middleburg, FL. C63 Investments acquired the 300-unit Infinite Clay Town Center apartment community for a total of $52.8 million. The price per unit was recorded at $176,000, marking a significant investment in the multifamily market.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $52,800,000
  • Buyer: C63 Investments
  • Seller: Paul J. Romanowski - D.R. Horton
  • Units: 300
  • PPU: $176,000
  • Market: Middleburg, FL
  • Previous Name: Ascend Clay Town Center
  • Community Opening: Mid-2025
  • Seller's Broker: DHIC Branan Field LLC

This transaction highlights the strategic move of C63 Investments as it aims to expand its multifamily portfolio with a target of reaching $1 billion by 2030. The asset, which was sold by Paul J. Romanowski of D.R. Horton, showcases a significant addition to C63's holdings within the competitive multifamily sector.

Players

C63 Investments
C63 InvestmentsBuyer

Paul J. Romanowski

D.R. Horton

Seller

$146.5M

vol

4 deals

Seller

Middleburg MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $176K per unit across 300 units on a published $52.8M (2026).

Visit Paul J. Romanowski to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.30%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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