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SJA Partners Acquires Palm Bay Multifamily For $19.6M

3016 Pinewood Drive Northeast
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This MultiFamily property located in FL was sold for $19,600,000 over 2 years ago. The brokers of the deal were Mark Savarese, Avery Jordan, Zachary (Zach) Ames, and Darron Kattan

A multifamily property located at 3016 Pinewood Dr NE in Palm Bay has recently been sold. The property consists of 216 units and was sold for a total price of $19,600,000. This translates to a price per unit of $90,741.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $19,600,000
  • Address: 3016 Pinewood Dr NE, Palm Bay
  • Market: Palm Bay

The buyer of the property is SJA Partners, while the seller is Wells Boys & Girls Property Management. The deal was facilitated by brokers Darron Kattan, Zach Ames, Avery Jordan, and Mark Savarese from Franklin Street.

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Deals
  • Location
    3016 Pinewood Drive Northeast, Palm Bay, FL 32905, USA3016 Pinewood Drive Northeast, Palm Bay, FL 32905, USA
  • Sale Price
    $19,600,000$19,600,000
    $117 PPSF$117 PPSF
  • Area
    166,648 SF166,648 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Darron Kattan

Darron Kattan

Deals10
Sold$326.3M

Agency

Franklin Street

Franklin Street

Agency
Deals166
Volume$2.4B

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Deal Summary

SALE IMAGE: Avery Jordan, Mark Savarese, Zach Ames & Darron Kattan DATE: 12/06/2021 ADDRESS: 3016 Pinewood Dr NE MARKET: Palm Bay ASSET TYPE: Multifamily BUYER: SJA Partners SELLER: Wells Boys & Girls Property Management BROKERS: Darron Kattan, Zach Ames, Avery Jordan & Mark Savarese - Franklin Street SALE PRICE: $19,600,000 UNITS: 216 ~ PPU: $90,741

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3016 Pinewood Drive Northeast

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