SOLD
Peach Blossom, LLC Acquires Villas Of Jeffersonville In $51.48M Deal
3001 Peach Blossom Drive
MultiFamily
Sold 262 days ago
Summary
Sale
INDIANA
MultiFamily
The Villas of Jeffersonville, a 264-unit apartment complex located at 3001 Peach Blossom Drive in Jeffersonville, Indiana has been sold for a price of $51,480,000. The property offers spacious units and is strategically situated near Interstate 65 and the River Ridge Commerce Center.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $51,480,000
- Address: 3001 Peach Blossom Drive
- Market: Jeffersonville, Indiana
Peach Blossom, LLC has acquired the Villas of Jeffersonville from Denton Floyd Real Estate Group. The sale was facilitated by brokers David Badgett Jr. and Josh Caruana, who represented the buyer and seller respectively. Marcus & Millichap played a key role in the transaction, with David Badgett Jr. serving as the seller's representative. The property's prime location near major transportation routes and commercial hubs adds to its desirability.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: David Badgett Jr., Tommy Floyd & Josh Caruana
DATE: 08/24/2023
ADDRESS: 3001 Peach Blossom Drive
MARKET: Jeffersonville, Indiana
ASSET TYPE: Multifamily
BUYER: Peach Blossom, LLC
SELLER: Denton Floyd Real Estate Group (@Denton_Floyd) - Tommy Floyd
BROKERS: David Badgett Jr. & Josh Caruana - Marcus & Millichap (@MarcusMillichap_Chicago)
SALE PRICE: $51,480,000
UNITS: 264 ~ PPU: $195,000
NOTE: Marcus & Millichap has concluded the $51.48 million sale of Villas of Jeffersonville, a 264-unit apartment complex in Indiana, with David Badgett Jr. representing the seller and Peach Blossom, LLC as the buyer. The property is strategically located near Interstate 65 and the River Ridge Commerce Center.View on map
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Address3001 Peach Blossom Drive
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