Peacock Capital & Pier Rock Properties Acquire Orlando Multifamily For $29.2M

In a recent closed transaction in Orlando, a multifamily property located at 3435 S Orange Ave was sold for a staggering price of $29,200,000. The property consists of 258 units and was acquired by Peacock Capital and Pier Rock Properties from Covenant Capital Group. The deal was facilitated by the brokerage firm Berkadia.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $29,200,000
• Address: 3435 S Orange Ave
• Market: Orlando

Govan D. White, Kenneth Polsinelli, and Frederic A. Scarola represented the property as the sellers in this transaction. It is noteworthy that the price per unit (PPU) for this sale stands at an impressive $113,178.