ORLANDO—This is not your typical multifamilysale. Auvers Village just traded hands for $50.65 million.
Salt Lake City-based Bridge Investment GroupPartners acquired the 480-unitmultifamily asset, which is located Orlando'saffluent Baldwin Park submarket. CBRE representedthe seller in the transaction. It marks Bridge's entrance into theCentral Florida multifamily market. The firm plansto upgrade the interiors and amenities of the 1989-vintageasset.
“The property is ideally located in a highly visible location onSemoran Boulevard across from the prestigious Baldwin Parkneighborhood of Orlando,” says Shelton Granade ofCBRE. Granade led the sales effort in Orlando working withLuke Wickham, Robert Given, andJustin Basquill.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
