Versity Investments Acquires Celebration Multifamily For $74.5M With Brokers Shelton Granade, Jr. & Luke Wickham - IPA USA | 1688 Celebration Boulevard | Shelton Granade, Luke Wickham | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

6,547 sqft

On June 1, 2021, a multifamily property located at 1688 Celebration Blvd. in Celebration was sold for a total price of $74,500,000. The property consists of 306 units, with each unit valued at an average price of $243,464.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $74,500,000
Address: 1688 Celebration Blvd.
Market: Celebration
Buyer: Versity Investments
Seller: CGI+ Real Estate Investment Strategies - Gidi Cohen & Mark Cohen
Brokers: Shelton Granade, Jr. & Luke Wickham - IPA USA
Units: 306
Price Per Unit: $243,464

Gidi Cohen and Mark Cohen, representing CGI+ Real Estate Investment Strategies, sold the property to Versity Investments. The transaction was facilitated by brokers Shelton Granade, Jr. and Luke Wickham from IPA USA.

Players

All
3

Agents
2
Agencies
1

Shelton Granade

Executive Managing Director Investments

$1.2B Sold

Luke Wickham

Senior Managing Director Investments

$762.3M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Gidi Cohen DATE: 06/01/2021 ADDRESS: 1688 Celebration Blvd. MARKET: Celebration ASSET TYPE: Multifamily BUYER: Versity Investments SELLER: CGI+ Real Estate Investment Strategies - Gidi Cohen & Mark Cohen BROKERS: Shelton Granade, Jr. & Luke Wickham - IPA USA SALE PRICE: $74,500,000 UNITS: 306 ~ PPU: $243,464

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Address1688 Celebration Boulevard

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