Matt Williams and Kyle Schlitt of Newmark arranged the loan on behalf of TerraCap.
The asset totals 348,801 square feet and features a mix of studio, one-, two-, and three-bedroom units with an average unit size of 991 square feet.
The sale price equates to more than $291,000 per unit.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.
If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.