Rachel Korn Levy Acquires Multifamily Property In Jupiter Inlet Colony For $7.6M

The sale of a multifamily property located at 360 Fiesta Avenue in Jupiter Inlet Colony has been successfully closed. The property consists of 56 units with a total square footage of 41,000. The sale price for this transaction was $7,600,000, resulting in a price per unit of $135,714 and a price per square foot of $185.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,600,000
• Address: 360 Fiesta Avenue
• Market: Jupiter Inlet Colony

The buyer of this property is Rachel Korn Levy, representing Hunter Creek Investors. On the other hand, the seller in this transaction is Henry Cromwell. Jesse Bailey from 49 Units LLC served as the buyer's representative. It is worth noting that this transaction was a cash deal. Rachel Levy, on behalf of Hunter Creek Investors LLC, is actively looking for multifamily investment opportunities in Florida. For any acquisition opportunities, please contact Rachel at [email protected].