American Landmark Apartments Acquires 348-Unit Multifamily In Jacksonville For $79.5M

The multifamily property located at 65 Sentosa Drive in Jacksonville has been sold in a recent transaction. The property, consisting of 348 units, was sold for a total price of $79,500,000. This translates to a price per unit of $228,448. The sale took place on 04/20/2020, and the buyer of the property is American Landmark Apartments, represented by Christine DeFilippis. The seller of the property is Sentosa Beachwalk Apartments LLC. The brokers involved in the deal were Brian Moulder and Dhaval Patel from Walker & Dunlop.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $79,500,000
• Total Units: 348
• Price per Unit: $228,448
• Buyer: American Landmark Apartments - Christine DeFilippis
• Seller: Sentosa Beachwalk Apartments LLC
• Brokers: Brian Moulder & Dhaval Patel - Walker & Dunlop

Christine DeFilippis represented American Landmark Apartments in the transaction, showcasing their expertise in the real estate market. Brian Moulder and Dhaval Patel, from Walker & Dunlop, played a crucial role as brokers in facilitating the deal between the buyer and the seller.