Shane Hillsley Acquires Multifamily Property In Palm Bay, FL For $29.3M
Florida
See Similar DealsShane Hillsley Acquires Multifamily Property In Palm Bay, FL For $29.3M
1880 Mogra Circle Northeast, Palm Bay, FL 32905
See Similar DealsSummary
Located at 1880 Mogra Cir NE in Palm Bay, FL, this multifamily property was sold on December 22, 2021. The property features a total of 160 units with a sale price of $29,325,000, resulting in a per unit price of $183,281. The total square footage of the property is 166,729, making the price per square foot $176.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $29,325,000
- Address: 1880 Mogra Cir NE, Palm Bay, FL
- Market: Palm Bary, FL
- Units: 160
- Price per Unit (PPU): $183,281
- Square Footage (SF): 166,729
- Price per Square Foot (PPSF): $176
The buyer in this transaction was Shane Hillsley, while the seller was Dilip Barot. The deal was facilitated by a team of brokers from Marcus & Millichap, including Luke Wickham, Adam G. Duncan, Joseph P. Thomas, Shelton Granade, Justin Basquill, Sean Williams, Alec Demetriou, AJ Stanford, and Marisol Hernandez.
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