SOLD
Park Partners Residential & Independencia Asset Management Acquire Multifamily Asset In Orlando For $77.8M
8050 Gables Commons Drive
MultiFamily
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
The multifamily property located at 8050 Gables Commons Drive in Orlando has been sold for a total of $77,800,000. The transaction took place on March 23, 2022. The property consists of 280 units, with an average price per unit of $277,857.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $77,800,000
- Address: 8050 Gables Commons Drive
- Market: Orlando
The buyers of this property are Park Partners Residential and Independencia Asset Management. They acquired the property from the seller, Ares Management. The deal was facilitated with the assistance of brokers Jubeen Vaghefi, Denny St. Romain, and Charles Crapse from Cushman & Wakefield. The lender involved in the transaction was American Real Estate Capital.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
SOLD
IMAGE: Jubeen Vaghefi, Denny St. Romain & Charles Crapse
DATE: 03/23/2022
ADDRESS: 8050 Gables Commons Drive
MARKET: Orlando
ASSET TYPE: Multifamily
BUYER: Park Partners Residential & Independencia Asset Management
SELLER: Ares Management
BROKERS: Jubeen Vaghefi, Denny St. Romain & Charles Crapse - Cushman & Wakefield
LENDER: American Real Estate Capital
SALE PRICE: $77,800,000
UNITS: 280 ~ PPU: $277,857View on map
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Address8050 Gables Commons Drive
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