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TruAmerica Acquires 292-Unit Multifamily In Palm Harbor For $47M

3975 Country Place Lane
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This MultiFamily property located in FL was sold for $47,000,000 over 3 years ago. The brokers of the deal were Ryan Greer, Mitch Clarfield, Ryan Crowley, Pibu Aulakh, Andrew Visnick, and Patrick Dufour

The sale of a multifamily property located at 3975 Country Place Lane in Palm Harbor has been completed. The property, consisting of 292 units, was sold for a total price of $47,000,000, resulting in a per unit price of $160,959.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $47,000,000
  • Address: 3975 Country Place Lane
  • Market: Palm Harbor

The buyer of the property was TruAmerica, while the seller was The RADCO Companies, represented by Norman Radow. The sale was facilitated by brokers Patrick Dufour, Ryan Crowley, Andrew Visnick, Pibu Aulakh, Mitch Clarfield, and Ryan Greer of Newmark.

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Deals
  • Location
    3975 Country Place Lane, Palm Harbor, FL, USA3975 Country Place Lane, Palm Harbor, FL, USA
  • Sale Price
    $47,000,000$47,000,000
    $4,662 PPSF$4,662 PPSF
  • Area
    10,080 SF10,080 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    6 Brokers, 2 Agencies6 Brokers, 2 Agencies

Agents

Ryan Crowley

Ryan Crowley

Deals3
Sold$182.4M

Pibu Aulakh

Pibu Aulakh

Deals3
Sold$182.4M

Mitch Clarfield

Mitch Clarfield

Deals4
Financed$947M

Andrew Visnick

Andrew Visnick

Deals5
Financed$274.4M

Patrick Dufour

Patrick Dufour

Deals10
Sold$823.6M

Ryan Greer

Ryan Greer

Deals4
Financed$324M

Agencies

CBRE

CBRE

Agency
Deals4228
Volume$184.3B

Newmark

Newmark

Agency
Deals3891
Volume$397.4B

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Deal Summary

SALE IMAGE: Patrick Dufour, Pibu Aulakh, Norman Radow, Mitch Clarfield, & Ryan Greer DATE: 12/07/2020 ADDRESS: 3975 Country Place Lane MARKET: Palm Harbor ASSET TYPE: Multifamily BUYER: TruAmerica SELLER: The RADCO Companies (RADCO) - Norman Radow BROKERS: Patrick Dufour, Ryan Crowley, Andrew Visnick, Pibu Aulakh, Mitch Clarfield, & Ryan Greer - Newmark PRICE: $47,000,000 UNITS: 292 ~ PPU: $160,959

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3975 Country Place Lane

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