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Blackstone Acquires Multifamily Property In Boynton Beach For $40.25M

12575 Green Cay Farm Boulevard
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This MultiFamily property located in FL was sold for $40,250,000 almost 2 years ago.

The multifamily property located at 12575 Green Cay Farm Blvd in Boynton Beach has been sold in a recent transaction. The property consists of 160 units, with a per unit price of $251,563.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $40,250,000
  • Buyer: Blackstone
  • Seller: Housing Trust Group

Blackstone served as the buyer in the transaction, while Housing Trust Group acted as the seller. This deal signals the successful conclusion of a property sale in Boynton Beach's market.

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Deals
  • Location
    12575 Green Cay Farm Boulevard, Boynton Beach, Florida 33437, United States12575 Green Cay Farm Boulevard, Boynton Beach, Florida 33437, United States
  • Sale Price
    $40,250,000$40,250,000
    $8,124 PPSF$8,124 PPSF
  • Area
    4,954 SF4,954 SF
  • Asset Type
    MultiFamilyMultiFamily

Deal Summary

SALE DATE: 05/22/2022 ADDRESS: 12575 Green Cay Farm Blvd MARKET: Boynton Beach ASSET TYPE: Multifamily BUYER: Blackstone SELLER: Housing Trust Group SALE PRICE: $40,250,000 UNITS: 160 ~ PPU: $251,563

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