American Landmark Acquires Multifamily Property In Orlando For $49.75M

A multifamily property located at 1801 S Kirkman Rd in Orlando has been sold in a transaction worth $49,750,000. The property consists of 300 units, resulting in a per-unit price of $165,833. The sale took place on April 15, 2021, with American Landmark acquiring the property from White Eagle Property Group, represented by Jeff Weiskopf.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $49,750,000
• Address: 1801 S Kirkman Rd
• Market: Orlando
• Buyer: American Landmark
• Seller: White Eagle Property Group - Jeff Weiskopf
• Brokers: Shelton Granade, Luke Wickham & Justin Basquill - Institutional Property Advisors (IPA)
• Units: 300
• Price Per Unit: $165,833

The deal was facilitated by the brokers Shelton Granade, Luke Wickham, and Justin Basquill from Institutional Property Advisors (IPA). Their involvement helped in successfully closing the transaction for both the buyer and the seller.