#WilliamPasso

[tradedmiami]

SALE IMAGE: William Passo & Jamie May DATE: 10/11/2023 ADDRESS: 5725 1st Avenue East MARKET: Bradenton ASSET TYPE: Multifamily ~ ACRES: 78.39 SELLER: Passco Companies (@PasscoCompanies) - William Passo BROKER: Jamie May (@JBMMultifamily) - JBM® Institutional Multifamily Advisors SALE PRICE: $102,000,000 UNITS: 400 ~ PPU: $255,000 NOTE: JBM® Institutional Multifamily Advisors has facilitated the $102 million sale of ParkCrest Landings in Southwest Florida, a 400-unit Class A property. Despite rising costs, JBM® Chairman & CEO Jamie May mentioned strong buyer interest, and this marks the second time the company has sold this asset, which offers a wide range of amenities and prime access to nearby parks and shopping. #Miami #RealEstate #tradedmia #MIA #ParkCrestLandings #Bradenton #Multifamily #PasscoCompanies #WilliamPasso #JamieMay #JBMInstitutionalMultifamilyAdvisors