Laramar Group Acquires 304-Unit Multifamily In Orlando For $51.2M

A multifamily property located at 4746 Rio Grande Ave in Orlando has been sold for a price of $51,200,000. The property consists of 304 units, with a price per unit of $168,421. The sale was facilitated by brokers Darron Kattan, Zach Ames, Avery Jordan, and Mark Savarese from Franklin Street.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $51,200,000
• Units: 304
• Price Per Unit: $168,421
• Date: 02/08/2022
• Address: 4746 Rio Grande Ave, Orlando
• Buyer: Laramar Group - Matthew Kreikemeier
• Seller: Dominium
• Brokers: Darron Kattan, Zach Ames, Avery Jordan, and Mark Savarese - Franklin Street

The buyer of the property is the Laramar Group, represented by Matthew Kreikemeier. The seller is Dominium. The transaction involved multiple brokers, namely Darron Kattan, Zach Ames, Avery Jordan, and Mark Savarese from Franklin Street. The deal was closed on 02/08/2022.