S2 Capital Acquires Multifamily Asset In Jupiter For $127M

Located at 6705 Mallard Cove Rd in Jupiter, this multifamily property was recently sold in a transaction that involved S2 Capital as the buyer and Northland Investment as the seller. The deal was facilitated by brokers Jaret Turkell, Roberto Pesant, Omar Morales, and Jose Mota from Berkadia. The sale price for this property was $127,000,000 and it consists of 359 units, resulting in a price per unit of $353,760. The property sits on 30 acres, with a price per acre of $4,233,333.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $127,000,000
• Units: 359
• Price per Unit: $353,760
• Acres: 30
• Price per Acre: $4,233,333

Jaret Turkell, Roberto Pesant, Omar Morales, and Jose Mota from Berkadia played a crucial role in the sale of this multifamily property. Their expertise and negotiation skills helped facilitate the transaction between S2 Capital and Northland Investment. This deal showcases the strength and success of all the parties involved in the sale of 6705 Mallard Cove Rd in Jupiter.