Top 10 Highest Per Unit New  Construction Sales in 2021
Beau Beery Multifamily Advisors

Top 10 Highest Per Unit New Construction Sales in 2021

Above is a table depicting the Top 10 highest per unit closing prices for new construction 2020 built conventional assets in the northern half of Florida. In the above table, "Avg Rent" refers to the average asking rent at time of sale. "GRM" stands for Gross Rent Multiple, which is sales price divided by total gross annual rent. The main metros include:

  • Gainesville - Alachua and surrounding counties
  • Tallahassee - Leon and surrounding counties
  • Ocala - Marion and surrounding counties
  • Lakeland/Winter Haven - Polk and surrounding counties
  • Daytona/Ormond/Deland - Volusia and surrounding counties
  • Jacksonville/St. Augustine - Duval and St. Johns and surrounding counties

The cities included in the above metros are: GAINESVILLE, ALACHUA, ARCHER, HAWTHORNE, HIGH SPRINGS, NEWBERRY, WALDO, JACKSONVILLE, JACKSONVILLE BEACH, ATLANTIC BEACH, BALDWIN, CALLAHAN, FERNANDINA BEACH, FLEMING ISLAND, GREEN COVE SPRINGS, HASTINGS, HILLIARD, MACCLENNY, MIDDLEBURG, NEPTUNE BEACH, ORANGE PARK, PONTE VEDRA BEACH, ST. JOHNS, YULEE, ST. AUGUSTINE, OCALA, BELLEVIEW, DUNNELLON, SILVER SPRINGS, AUBURNDALE, BARTOW, DAVENPORT, EAGLE LAKE, FORT MEADE, FROSTPROOF, HAINES CITY, LAKE ALFRED, LAKE WALES, LAKELAND, MULBERRY, WINTER?HAVEN, DAVENPORT, TALLAHASSEE, QUINCY, PANACEA, MONTICELLO, MIDWAY, HAVANA, GRETNA,?CRAWFORDVILLE, CHATTAHOOCHEE, DAYTONA BEACH, DELAND, DELTONA, NEW SMYRNA BEACH, PORT ORANGE, HILLY HILL, ORMOND BEACH, DEBARY, DELEON SPRINGS, ORANGE CITY, SEVILLE, SOUTH DAYTONA, AND EDGEWATER

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Ray Mazzie

Managing Partner at Southern Waters Capital | Real Estate Development | Alternative Investments | Asset Manager

2 年

Great info. Thank you for sharing. Andrew Sinclair

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