The Aberly Group Acquires Multifamily Asset In Altamonte Springs For $54.7M

The Altamonte Springs multifamily property located at 850 Orienta Avenue has been sold in a recent transaction. The property, consisting of 354 units, was purchased by The Aberly Group for a total price of $54,700,000. The sale was facilitated by Shelton Granade, Luke Wickham, and Justin Basquill of Institutional Property Advisors.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $54,700,000
• Address: 850 Orienta Avenue
• Market: Altamonte Springs

The sale of this multifamily property marks a significant investment by The Aberly Group. The transaction was handled by the experienced brokers Shelton Granade, Luke Wickham, and Justin Basquill of Institutional Property Advisors. The property's prime location in Altamonte Springs adds to its appeal and potential value in the market.