LaSalle Investment Management Acquires Sarasota Multifamily For $121.2M

12501 Honore Avenue

MultiFamily

Summary

Sale

FLORIDA

MultiFamily

The multifamily property located at 12501 Honore Ave in Sarasota has been sold for a total of $121,250,000. The property consists of 257 units, resulting in a price per unit of $471,790.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $121,250,000
Units: 257
Price Per Unit: $471,790
Market: Sarasota

The buyer of the property was LaSalle Investment Management, while the seller was Abacus Capital Group.

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Details

Deal Summary

SOLD

IMAGE: 04/27/2022 ADDRESS: 12501 Honore Ave MARKET: Sarasota ASSET TYPE: Multifamily BUYER: LaSalle Investment Management SELLER: Abacus Capital Group SALE PRICE: $121,250,000 UNITS: 257 ~ PPU: $471,790

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Address12501 Honore Avenue

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