Knightvest Residential Acquires Multifamily Property In Orlando For $92M

The multifamily property located at 750 N Orange Ave in Orlando has been sold on 04/07/2022. The transaction involved 326 units and was sold at a price of $92,000,000, resulting in a per unit cost of $282,209.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $92,000,000
• Address: 750 N Orange Ave
• Market: Orlando
• Buyer: Knightvest Residential
• Seller: Cypress Real Estate Advisors
• Units: 326
• Price Per Unit: $282,209

Knightvest Residential, represented by their broker, successfully acquired the property from Cypress Real Estate Advisors. This transaction highlights the active real estate market in Orlando and the significant investment made by Knightvest Residential in the multifamily sector.