OpenStreet Capital Acquires 11.4 Acres Multifamily Property In Orlando For $129M | 7488 Universal Boulevard | Paul Grant, Brad Downing, Scott Ramey, Patrick Dufour | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

OpenStreet Capital, LLC has acquired a multifamily property located at 7488 Universal Boulevard in Orlando. The property, spanning 11.4 acres, was sold by Legacy Partners, Phoenix Capital Management, LLC, and Silverpeak Real Estate Partners for a total of $129,000,000. With 350 units, the purchase price per unit amounts to $368,571.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $129,000,000
Address: 7488 Universal Boulevard
Market: Orlando
Acres: 11.4

The deal was brokered by Scott Ramey, Patrick Dufour, Brad Downing, and Paul Grant from Newmark. They represented both the buyer, OpenStreet Capital, LLC, and the seller, Legacy Partners, Phoenix Capital Management, LLC, and Silverpeak Real Estate Partners. The acquisition of this multi-family property marks a significant transaction in Orlando's real estate market.

Players

All
5

Agents
4
Agencies
1

$705.2M Sold

$670.2M Sold

Senior Managing Director

$1.2B Sold

Patrick Dufour

Vice Chairman

$823.6M Sold

Newmark

Details

Deal Summary

SOLD

IMAGE: Scott Ramey, Patrick Dufour, Brad Downing & Paul Grant DATE: 09/02/2022 ADDRESS: 7488 Universal Boulevard MARKET: Orlando ASSET TYPE: Multifamily ~ ACRES: 11.4 BUYER: OpenStreet Capital, LLC SELLER: Legacy Partners (@Legacy_Partners), Phoenix Capital Management, LLC & Silverpeak Real Estate Partners BROKERS: Scott Ramey, Patrick Dufour, Brad Downing & Paul Grant - Newmark (@Newmark) SALE PRICE: $129,000,000 UNITS: 350 ~ PPU: $368,571

View on map

Address7488 Universal Boulevard

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want