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West Shore Acquires Multifamily Property In Gainesville From Evergreen Residential LLC For $76.9M

3780 Northwest 24th Boulevard
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This MultiFamily property located in FL was sold for $76,900,000 about 2 years ago. The broker of the deal was Jay Weiner

An asset involving a multifamily property located at 3780 NW 24th Blvd in Gainesville has been sold. The property, comprising 322 units, was sold for a total price of $76,900,000, which equates to an average price per unit of $238,820. The property spans a total square footage of 478,542, resulting in a price per square foot of $161.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $76,900,000
  • Units: 322
  • Price per Unit: $238,820
  • Square Footage: 478,542
  • Price per Square Foot: $161
  • Address: 3780 NW 24th Blvd, Gainesville

The buyer of the property is West Shore, while Evergreen Residential LLC acted as the seller. The transaction was facilitated by broker Jay Weiner from Rosewood Realty Group.

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Deals
  • Location
    3780 Northwest 24th Boulevard, Gainesville, Florida 32605, United States3780 Northwest 24th Boulevard, Gainesville, Florida 32605, United States
  • Sale Price
    $76,900,000$76,900,000
    $160 PPSF$160 PPSF
  • Area
    478,542 SF478,542 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Jay Weiner

Jay Weiner

Deals7
Sold$611.9M

Agency

Rosewood Realty Group

Rosewood Realty Group

Agency
Deals370
Volume$6.5B

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Deal Summary

SALE IMAGE: Jay Weiner DATE: 01/07/2022 ADDRESS: 3780 NW 24th Blvd MARKET: Gainesville ASSET TYPE: Multifamily BUYER: West Shore SELLER: Evergreen Residential LLC BROKER: Jay Weiner - Rosewood Realty Group SALE PRICE: $76,900,000 UNITS: 322 ~ PPU: $238,820 SF: 478,542 ~ PPSF: $161

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3780 Northwest 24th Boulevard

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