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7541 Highwater Drive⁠
SOLD

Engel Realty Company Acquires Multifamily Property In New Port Richey For $15.6M

7541 Highwater Drive⁠

MultiFamily
135,600 SF
clock iconSold 1 year ago
Nicholas (Nick) Meoli
Michael (Mike) Donaldson
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Summary

Sale
FLORIDA
MultiFamily
135,600 sqft

Engel Realty Company has acquired a multifamily property located at 7541 Highwater Drive in New Port Richey. The transaction, which took place on 12/03/2020, involved the sale of the property for a total of $15,600,000. The asset consists of 152 units, resulting in a price per unit of $102,632. The property is situated in the New Port Richey market.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $15,600,000
  • Units: 152
  • Price Per Unit: $102,632

The transaction was facilitated by brokers Mike Donaldson and Nike Meoli from Cushman & Wakefield.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Nicholas (Nick) Meoli's profile picture
Nicholas (Nick) Meoli
Cushman & Wakefield-image
Executive Managing Director
$710.1M Sold

Details

Deal Summary
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SOLD
IMAGE: Mike Donaldson & Nike Meoli⁠ DATE: 12/03/2020⁠ ADDRESS: 7541 Highwater Drive⁠ MARKET: New Port Richey⁠ ASSET TYPE: Multifamily⁠ ⁠ BUYER: Engel Realty Company⁠ SELLER: HKSK Corp.⁠ BROKERS: Mike Donaldson & Nike Meoli - Cushman & Wakefield⁠ ⁠ PRICE: $15,600,000⁠ UNITS: 152 ~ PPU: $102,632

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Address7541 Highwater Drive⁠

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