Ty & Tovah Lohman Acquire Multifamily Asset In Daytona Beach For $19.2M

The multifamily property located at 300 Forest Glen Blvd. and 239 Oak Tree Circle in Daytona Beach has been sold in a recent transaction. The property consists of 163 units and was sold for a total price of $19,190,000, with a price per unit of $117,730. The sale took place on January 22, 2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $19,190,000
• Units: 163
• Price Per Unit: $117,730
• Market: Daytona Beach

Ty and Tovah Lohman acquired the property from Mandrake Daytona Corp and Styles Holdings. The deal was facilitated by a team of brokers from Cushman & Wakefield, including Mike Donaldson, Nick Meoli, Denny St. Romain, Charles Crapse, and Alex Kupp.

Note: No additional information regarding the property or the transaction was provided.