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Williams Portfolio 22 Inc Acquires 253-Unit Multifamily In Jacksonville For $82.5M

13723 Atlantic Boulevard
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This MultiFamily property located in FL was sold for $82,500,000 over 3 years ago. The brokers of the deal were Brian Moulder, Bobby Gatling, and Dhaval Patel

Located at 13723 Atlantic Blvd in Jacksonville, this multifamily property was recently sold in a closed transaction. The property, known as Terrabella Residences LLC, was purchased by Williams Portfolio 22 Inc for a price of $82,500,000. The property consists of 253 units, with an average price per unit of $326,087.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $82,500,000
  • Address: 13723 Atlantic Blvd
  • Market: Jacksonville
  • Buyer: Williams Portfolio 22 Inc
  • Seller: Terrabella Residences LLC
  • Brokers: Brian Moulder, Bobby Gatling & Dhaval Patel - Walker & Dunlop
  • Units: 253
  • Price per Unit: $326,087

The deal was facilitated by the brokers Brian Moulder, Bobby Gatling, and Dhaval Patel from Walker & Dunlop. Their expertise and negotiation skills played a crucial role in the successful completion of this transaction.

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Deals
  • Location
    13723 Atlantic Boulevard13723 Atlantic Boulevard
  • Sale Price
    $82,500,000$82,500,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Dhaval Patel

Dhaval Patel

Deals10
Sold$628.8M

Agency

Walker & Dunlop

Walker & Dunlop

Agency
Deals609
Volume$76.5B

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Deal Summary

SALE IMAGE: Dhaval Patel, Brian Moulder & Bobby Gatling DATE: 08/06/2021 ADDRESS: 13723 Atlantic Blvd MARKET: Jacksonville ASSET TYPE: Multifamily BUYER: Williams Portfolio 22 Inc SELLER: Terrabella Residences LLC BROKERS: Brian Moulder, Bobby Gatling & Dhaval Patel - Walker & Dunlop SALE PRICE: $82,500,000 UNITS: 253 ~ PPU: $326,087

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13723 Atlantic Boulevard

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