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11390 Square Street & 151 Michael Blake Boulevard
SOLD

Oxford Properties & Preferred Apartment Communities Inc. Acquire $135.7M Multifamily Properties In Jacksonville & Winter Springs

11390 Square Street & 151 Michael Blake Boulevard

MultiFamily
1,360 SF
Tyler Nilsson
Erik Bjornson
the dealplayerscompscontact

Summary

Sale
FLORIDA
MultiFamily
1,360 sqft

Oxford Properties and Preferred Apartment Communities Inc. have acquired a multifamily property located at 11390 Square Street and 151 Michael Blake Boulevard. The sale, facilitated by Catalyst Development Partners, took place on December 15, 2020. The property, consisting of 613 units, was sold for a total price of $135,700,000, resulting in a per unit price of $221,370. The transaction involved the brokers Erik Bjornson and Tyler Nilsson from Newmark.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $135,700,000
  • Units: 613
  • Price Per Unit: $221,370
  • Market: Jacksonville & Winter Springs

Erik Bjornson and Tyler Nilsson from Newmark represented the buyer and seller, respectively, in this transaction.

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Players

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    3

  • Agents

    2

  • Agencies

    1

Tyler Nilsson's profile picture
Tyler Nilsson
Institutional Property Advisors-image
Senior Managing Director
$307.3M Sold

Details

Deal Summary
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SOLD
IMAGE: Erik Bjornson, Joel Murphy, & Tyler Nilsson DATE: 12/15/2020 ADDRESS: 11390 Square Street & 151 Michael Blake Boulevard MARKET: Jacksonville & Winter Springs ASSET TYPE: Multifamily BUYER: Oxford Properties & Preferred Apartment Communities Inc. SELLER: Catalyst Development Partners BROKERS: Erik Bjornson & Tyler Nilsson - Newmark PRICE: $135,700,000 UNITS: 613 ~ PPU: $221,370

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Address11390 Square Street & 151 Michael Blake Boulevard

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