JT Capital Acquires Multifamily Property In Ocala For $70.6M From Seller ApexOne Investment Partners

Located at 3001 SW 24th Ave. in Ocala, this multifamily property has recently been sold in a closed transaction. The sale took place on 08/09/2022 and was facilitated by Ken Delvillar of JLL. The property consists of 263 units and was sold for a total price of $70,600,000, which translates to approximately $268,411 per unit. Both buyer and seller in this transaction were JT Capital and ApexOne Investment Partners, respectively.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $70,600,000
• Units: 263
• Price per Unit (PPU): $268,411
• Date: 08/09/2022
• Market: Ocala

Assisting in this sale were mortgage brokers Melissa Marcolini Quinn and Lee Weaver of JLL Capital Markets. Their expertise played a crucial role in the successful completion of this transaction.