Inman Equities Acquires 288-Unit Multifamily Property In Daytona Beach For $29.3M

The multifamily property located at 875 Derbyshire Rd in Daytona Beach has been sold for a price of $29,300,000. This transaction, which took place on February 2, 2021, involved a total of 288 units. The price per unit was calculated to be $101,736.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $29,300,000
• Address: 875 Derbyshire Rd, Daytona Beach
• Market: Daytona Beach
• Units: 288
• Price per Unit: $101,736

The buyer in this transaction was Inman Equities, represented by Benjamin Inman. On the other side, the seller was Blue Roc Premier, represented by Randy Ferreira. Both parties played key roles in the successful completion of this deal.