Pedcor Acquires Fort Walton Beach Multifamily From Lurin Capital For $30.6M | 604 Colonial Drive & 5 Mooney Road NE | Parker Caldwell, Craig Hey | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

958 sqft

The multifamily property located at 604 Colonial Drive & 5 Mooney Road NE in Fort Walton Beach has been sold. The transaction took place on 10/25/2021.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $30,600,000
Number of Units: 195
Price per Unit (PPU): $156,923

The buyer of the property is Pedcor, while the seller is Lurin Capital. The deal was facilitated by brokers Parker Caldwell & Craig Hey from Cushman & Wakefield.

This transaction involved a total of 195 units, with each unit valued at $156,923. The sale price reached $30,600,000.

Players

All
3

Agents
2
Agencies
1

$30.6M Sold

$305.2M Sold

Details

Deal Summary

SOLD

IMAGE: Parker Caldwell & Craig Hey DATE: 10/25/2021 ADDRESS: 604 Colonial Drive & 5 Mooney Road NE MARKET: Fort Walton Beach ASSET TYPE: Multifamily BUYER: Pedcor SELLER: Lurin Capital BROKERS: Parker Caldwell & Craig Hey - Cushman & Wakefield SALE PRICE: $30,600,000 UNITS: 195 ~ PPU: $156,923

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Address604 Colonial Drive & 5 Mooney Road NE

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