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Pedcor Cos. Acquires Multifamily Property In Bradenton For $12M

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SOLD
$12,000,000

Florida

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MultiFamily13,313 SF
Sold 03/23/2021
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Property Image
SOLD

Pedcor Cos. Acquires Multifamily Property In Bradenton For $12M

3810 5th Street East, Bradenton, FL, USA

See Similar Deals
MultiFamily13,313 SF
Sold 03/23/2021
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$901
Total Square Footage:13,313 SF
Transaction Type:Sale

Located at 3810 5th Street East in Bradenton, this multifamily property was recently sold in a closed transaction. The property consists of 92 units and was purchased by Pedcor Cos. from Asia Capital Real Estate (ACRE). The sale was facilitated by brokers Mike Donaldson and Nick Meoli from Cushman & Wakefield. The transaction was valued at $12,000,000, with a price per unit of $130,435.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $12,000,000
  • Units: 92
  • Price Per Unit: $130,435
  • Buyer: Pedcor Cos.
  • Seller: Asia Capital Real Estate (ACRE)
  • Brokers: Mike Donaldson & Nick Meoli - Cushman & Wakefield
  • Market: Bradenton
  • Address: 3810 5th Street East

The sale of this property marks a significant transaction in the Bradenton market. Pedcor Cos. acquired the property from Asia Capital Real Estate (ACRE) with the assistance of brokers Mike Donaldson and Nick Meoli from Cushman & Wakefield. The buyer paid a total of $12,000,000 for the 92-unit multifamily property, resulting in a price per unit of $130,435.

Players

Michael (Mike) Donaldson
20 deals$743.6M volume(813) 658-8278
BROKER

Nicholas (Nick) Meoli
Cushman & Wakefield
20 deals$743.6M volume(312) 470-1800
BROKER

BUYER

Details

SOLD
IMAGE: Mike Donaldson & Nick Meoli DATE: ADDRESS: 3810 5th Street East MARKET: Bradenton ASSET TYPE: Multifamily BUYER: Pedcor Cos. SELLER: Asia Capital Real Estate (ACRE) BROKERS: Mike Donaldson & Nick Meoli - Cushman & Wakefield PRICE: $12,000,000 UNITS: 92 ~ PPU: $130,435

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