Marcus & Millichap Sells DeLand Multifamily Property For $5.2M

Located in DeLand, the property at 2744 Botts Landing Road recently changed hands in a sale transaction. This multifamily asset consists of 52 apartment units and 1 single-family home, providing a total of 53 residential units. The sale was facilitated by Jason Hague, Duane Anderson, Adam Podbelski, and Ned Roberts from Marcus & Millichap. The transaction took place on August 12, 2021.

Summary of transaction details:

• Property Type: Multifamily (52 Apartment Units & 1 Single Family Home)
• Sale Price: $5,200,000
• Address: 2744 Botts Landing Road
• Market: DeLand
• Brokers: Jason Hague, Duane Anderson, Adam Podbelski, and Ned Roberts - Marcus & Millichap
• Units: 53
• Price per Unit: $98,113
• Acres: 7
• Price per Acre: $742,857

With a total sale price of $5,200,000, the property offers a lucrative investment opportunity. Set on 7 acres of land, it consists of 52 apartment units and a single-family home. The sale, facilitated by Jason Hague, Duane Anderson, Adam Podbelski, and Ned Roberts from Marcus & Millichap, attracted significant attention in the DeLand market. This transaction showcases the expertise and professionalism of the brokers involved in ensuring a successful deal for all parties.