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Axonic Properties Acquires Multifamily Property In Naples For $20.2M

1900 Sunshine Boulevard
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This MultiFamily property located in FL was sold for $20,200,000 over 2 years ago. The broker of the deal was Tyler Minix

The multifamily property located at 1900 Sunshine Blvd in Naples was recently sold in a closed transaction. The sale took place on 11/16/2021 and the property was acquired by Axonic Properties, represented by Jonathan Shechtman and Brian Kennedy. The seller of the property was Jan Moore. Tyler Minix from Newmark served as the broker in this transaction.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $20,200,000
  • Number of Units: 118
  • Price per Unit (PPU): $171,186
  • Square Footage: 148,090
  • Price per Square Foot (PPSF): $136
  • Market: Naples

Jonathan Shechtman and Brian Kennedy, representing Axonic Properties, played a key role as buyers in this transaction. Meanwhile, Jan Moore acted as the seller. Tyler Minix from Newmark brokered the deal. The sale of the 118-unit multifamily property marked a significant milestone in the Naples market.

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Deals
  • Location
    1900 Sunshine Blvd, Naples, FL, USA1900 Sunshine Blvd, Naples, FL, USA
  • Sale Price
    $20,200,000$20,200,000
    $136 PPSF$136 PPSF
  • Area
    148,090 SF148,090 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Tyler Minix

Tyler Minix

Deals6
Sold$284.7M

Agency

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

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Deal Summary

SALE IMAGE: Brian Kennedy, Jonathan Shechtman & Tyler Minix DATE: 11/16/2021 ADDRESS: 1900 Sunshine Blvd MARKET: Naples ASSET TYPE: Multifamily BUYER: Axonic Properties - Jonathan Shechtman (@Shecdog) & Brian Kennedy SELLER: Jan Moore BROKER: Tyler Minix - Newmark SALE PRICE: $20,200,000 UNITS: 118 ~ PPU: $171,186 SF: 148,090 ~ PPSF: $136

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1900 Sunshine Boulevard

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