FL Victoria At Orange Park 1 LLC Acquires 280-Unit Multifamily Property In Orange Park For $56.2M

1710 Wells Road in Orange Park has been sold for a total of $56,150,000. The property is a multifamily asset spread across 20 acres of land. With a total of 280 units, the price per unit stands at $200,536.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $56,150,000
• Address: 1710 Wells Road
• Market: Orange Park
• Acres: 20
• Buyer: FL Victoria at Orange Park 1 LLC, Sundance Bay Income & Growth OP
• Seller: Broadshore Capital Partners - Bradford W. Howe
• Units: 280
• Price per Unit: $200,536

The buyer of the property is FL Victoria at Orange Park 1 LLC, represented by Sundance Bay Income & Growth OP. On the other hand, the seller is Broadshore Capital Partners, with Bradford W. Howe as their representative in the deal.