Snell Properties Acquires 228-Unit Multifamily In Sarasota For $80M

Located at 320 Central Avenue in Sarasota, this recently closed transaction involved the sale of a multifamily property. The deal was finalized on April 30, 2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $80,000,000
• Units: 228
• Price per Unit: $350,877
• Market: Sarasota

The buyer of the property was Snell Properties, represented by Chris Hanessian and Michael Eastwood. Serving as brokers in the deal were Brian Moulder and Chris Chadbourne from Walker & Dunlop.

This transaction highlights the successful collaboration between Snell Properties and their representatives, Chris Hanessian and Michael Eastwood. The deal was facilitated by the expertise of Brian Moulder and Chris Chadbourne from Walker & Dunlop.