SOLD
Topaz Capital Group Acquires Melbourne Multifamily Property For $33.75M
1900 Post Road
MultiFamily
177,313 SF
177,313 SF
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
177,313 sqft
1900 Post Rd, a multifamily property located in Melbourne, was recently sold for $33,750,000. The transaction took place on July 7, 2022. The property consists of 200 units, with an average price per unit of $168,750. The total square footage of the property is 177,313, with a price per square foot of $190.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $33,750,000
- Address: 1900 Post Rd
- Market: Melbourne
The buyer of the property is Topaz Capital Group, represented by Marc A. Hershberg and Joseph E. Friedman. The seller, Wells Boys & Girls Management, was represented by Jeffrey Wells. The brokers involved in the deal were Darron Kattan and Zach Ames from Franklin Street.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Darron Kattan, Marc A. Hershberg, Joseph E. Friedman & Zach Ames
DATE: 07/07/2022
ADDRESS: 1900 Post Rd
MARKET: Melbourne
ASSET TYPE: Multifamily
BUYER: Topaz Capital Group (@topaz_capital) - Marc A. Hershberg (@MaHershberg) & Joseph E. Friedman
SELLER: Wells Boys & Girls Management - Jeffrey Wells
BROKERS: Darron Kattan & Zach Ames (@ZAmes0512) - Franklin Street (@FranklinStreet.CRE)
SALE PRICE: $33,750,000
UNITS: 200 ~ PPU: $168,750
SF: 177,313 ~ PPSF: $190View on map
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Address1900 Post Road
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