William Huffman Of Nuveen Acquires 208-Unit Multifamily Community In Kissimmee For $37.4M

The multifamily asset involved in this transaction is located at 201 Saint Cloud Village Court, Kissimmee, FL. The property consists of 208 units across a 16-building complex and was sold for $37,400,000, equating to $179,808 per unit. This affordable housing community was built in 1998 and features a mix of one- to three-bedroom units, with full occupancy. It is currently backed by a $17.85 million Freddie Mac loan maturing in 2029.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $37,400,000
• Buyer: William Huffman - Nuveen
• Seller: Kissimmee Leased Housing Associates I LP & Kissimmee Leased Housing Associated LP I LLC
• Units: 208
• Price Per Unit: $179,808

William Huffman represented Nuveen in the acquisition of this property, while the sellers were represented by Kissimmee Leased Housing Associates entities. This transaction reflects the continued investment in affordable housing options within the Kissimmee market.