Westmount Square Capital & Miramar Capital Acquire Multifamily Property In Jacksonville For $45.1M

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $45,100,000
• Date: 10/29/2021
• Address: 5885 Edenfield Road
• Market: Jacksonville
• Acres: 14

Located at 5885 Edenfield Road in Jacksonville, this multifamily property spans 14 acres. The transaction took place on October 29, 2021, and involved a sale of the property.

The property was sold for a total of $45,100,000. It consists of 332 units, with a price per unit of $135,843.

Westmount Square Capital and Miramar Capital acted as the buyers in this transaction, while Savlan Capital served as the seller. NAI Hallmark represented both parties, with John Rutherford and Luke McCann acting as the brokers.