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ROI Capital Group Acquires Multifamily Property In Jacksonville For $66M

5327 Timuquana Road
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This MultiFamily property located in FL was sold for $66,000,000 over 1 year ago. The brokers of the deal were Greg Rainey and Cole Whitaker

A multifamily property located at 5327 Timuquana Rd in Jacksonville has been sold for $66,000,000. The property spans across 488,000 square feet, resulting in a price per square foot of $135. The sale took place on 09/07/2022, and the buyer of the property is ROI Capital Group.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $66,000,000
  • Address: 5327 Timuquana Rd
  • Market: Jacksonville

The sellers of the property were TOPAZ Capital Group represented by Marc A. Hershberg and LYND Companies represented by David Lynd. The brokers involved in the deal were Greg Rainey and Cole Whitaker from Berkadia.

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Deals
  • Location
    5327 Timuquana Road5327 Timuquana Road
  • Sale Price
    $66,000,000$66,000,000
    $135 PPSF$135 PPSF
  • Area
    488,000 SF488,000 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Greg Rainey

Greg Rainey

Deals5
Sold$210.1M

Cole Whitaker

Cole Whitaker

Deals13
Sold$704.2M

Agency

Berkadia

Berkadia

Agency
Deals1097
Volume$45.7B

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Deal Summary

SALE IMAGE: Cole Whitaker, Greg Rainey, Marc A. Hershberg & David Lynd DATE: 09/07/2022 ADDRESS: 5327 Timuquana Rd MARKET: Jacksonville ASSET TYPE: Multifamily BUYER: ROI Capital Group SELLER: TOPAZ Capital Group (@Topaz_Capital) - Marc A. Hershberg (@MaHershberg); LYND Companies (@TheLyndCompany) - David Lynd BROKERS: Greg Rainey & Cole Whitaker - Berkadia (@BerkadiaFlorida) SALE PRICE: $66,000,000 SF: 488,000 ~ PPSF: $135

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5327 Timuquana Road

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