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Olympus Property Acquires Presidium Town Center Multifamily In Jacksonville For $97.5M

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SOLD
$97,500,000

Florida

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MultiFamily
Sold 07/20/2023
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Property Image
SOLD

Olympus Property Acquires Presidium Town Center Multifamily In Jacksonville For $97.5M

7738 A C Skinner Pkwy Jacksonville, FL 32256, USA

See Similar Deals
MultiFamily
Sold 07/20/2023
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Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Sale

Olympus Property, represented by Chandler Wonderly, has acquired Presidium Town Center, a luxury multifamily community in Jacksonville, Florida, for $97.5 million. The property, located at 7738 A. C. Skinner Parkway, consists of 370 units equipped with smart home technology and offers a variety of amenities.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $97,500,000
  • Number of Units: 370
  • Price per Unit: $263,514
  • Buyer: Olympus Property - Chandler Wonderly
  • Seller: Presidium Group
  • Lender: Federal Home Loan Mortgage Corp

Olympus Property, along with their representative Chandler Wonderly, successfully completed the purchase of Presidium Town Center. The acquisition further expands Olympus Property's portfolio in the Jacksonville market. Federal Home Loan Mortgage Corp provided the financing for this transaction.

Players

Chandler Wonderly
4 deals$332M volume
BUYER

Presidium Group
SELLER

Details

SOLD
IMAGE: Chandler Wonderly DATE: 07/20/2023 ADDRESS: 7738 A. C. Skinner Parkway MARKET: Jacksonville ASSET TYPE: Multifamily BUYER: Olympus Property (@OlympusProperty) - Chandler Wonderly SELLER: Presidium Group LENDER: Federal Home Loan Mortgage Corp SALE PRICE: $97,500,000 UNITS: 370 ~ PPU: $263,514 NOTE: Olympus Property has purchased Presidium Town Center, a luxury multifamily community in Jacksonville, Florida, for $97.5 million. The property comprises 370 units with smart home technology and various amenities.

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