Versity Investments Acquires Celebration Multifamily For $74.5M With Brokers Shelton Granade, Jr. & Luke Wickham - IPA USA

On June 1, 2021, a multifamily property located at 1688 Celebration Blvd. in Celebration was sold for a total price of $74,500,000. The property consists of 306 units, with each unit valued at an average price of $243,464.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $74,500,000
• Address: 1688 Celebration Blvd.
• Market: Celebration
• Buyer: Versity Investments
• Seller: CGI+ Real Estate Investment Strategies - Gidi Cohen & Mark Cohen
• Brokers: Shelton Granade, Jr. & Luke Wickham - IPA USA
• Units: 306
• Price Per Unit: $243,464

Gidi Cohen and Mark Cohen, representing CGI+ Real Estate Investment Strategies, sold the property to Versity Investments. The transaction was facilitated by brokers Shelton Granade, Jr. and Luke Wickham from IPA USA.