Tailwind Group Acquires 542-Bed Sweetwater Student Housing For $46M

737 Southwest 109th Avenue

Sold 1 year ago

Summary

Sale

FLORIDA

The student housing property located at 737 SW 109th Ave in Sweetwater has been sold for a total price of $46,000,000. The property consists of 149 units with a total of 542 beds. Each unit was sold at an average price of $308,725.

Summary of transaction details

Property Type: Student Housing
Transaction Amount: $46,000,000
Address: 737 SW 109th Ave, Sweetwater
Market: Sweetwater
Number of Units: 149
Total Beds: 542

The buyer of the property is Tailwind Group, represented by Kyle Smith, Reggie Reed, Michael Sather, and Landon Smith. The seller is Greystar, represented by Bob Faith.

Details

Deal Summary

SOLD

IMAGE: Kyle Smith, Michael Sather, Bob Faith, Landon Smith & Reggie Reed DATE: 01/11/2022 ADDRESS: 737 SW 109th Ave MARKET: Sweetwater ASSET TYPE: Student Housing ~ BEDS: 542 BUYER: Tailwind Group - Kyle Smith, Reggie Reed, Michael Sather & Landon Smith SELLER: Greystar - Bob Faith SALE PRICE: $46,000,000 UNITS: 149 ~ PPU: $308,725

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Address737 Southwest 109th Avenue

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