{"id":1004192670,"date":"2017-10-04T05:34:46","date_gmt":"2017-10-04T13:34:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004192670"},"modified":"2022-12-06T10:24:06","modified_gmt":"2022-12-06T18:24:06","slug":"cushman-wakefield-negotiates-fl-community-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-negotiates-fl-community-sale\/","title":{"rendered":"Cushman &amp; Wakefield Negotiates FL Community Sale"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004174096\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2017\/10\/Ocean-Oaks-Port-Orange-Fla..png\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004174096\" loading=\"lazy\" class=\"wp-image-1004174096 size-medium\" src=\"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2017\/10\/Ocean-Oaks-Port-Orange-Fla..png\" alt=\"Ocean Oaks, Port Orange, Fla.\" width=\"300\" height=\"233\" \/><\/a><p id=\"caption-attachment-1004174096\" class=\"wp-caption-text\">Ocean Oaks, Port Orange, Fla.<\/p><\/div>\n<p>Cushman &amp; Wakefield, which has recently negotiated its own <a href=\"https:\/\/www.commercialsearch.com\/news\/leasing-picks-up-at-ft-lauderdale-office-tower\/\">office expansion<\/a> in Fort Lauderdale, Fla., represented GoldOller Real Estate Investments in the sale of a 296-unit community in Port Orange, Fla. The transaction closed at $30.3 million on behalf of a joint venture between ApexOne Investment Partners and The Collier Cos.<\/p>\n<p>\u201c<em>Ocean Oaks Apartments provided investors with the opportunity to acquire a value-add asset in the desirable Volusia County multifamily market. Significant investor interest was driven by exceptional fundamentals at the property, which has exhibited notable rent and revenue growth,<\/em>\u201d said Cushman &amp; Wakefield Senior Director Jay Ballard, in prepared remarks.<\/p>\n<p>Ballard and Senior Director Ken Delvillar negotiated the deal on behalf of GoldOller.<\/p>\n<h2>Close to educational\u00a0centers<\/h2>\n<p>Ocean Oaks Apartments\u00a0comprises 37 buildings developed in 1988, located on a 21-acre lot at 1645 Dunlawton Ave. The property is south of Daytona Beach, Fla., and offers convenient access to several colleges and universities, such as Nova Southeastern University, Daytona State College, The College of Medicine of Florida State University and Phoenix East Aviation. They are all located less than 10 miles away via Interstate 95. Daytona Beach International Airport is also some 10 miles away.<\/p>\n<p>The community offers one and two-bedroom units renting for $948, on average. The units feature custom gourmet kitchens, faux wood and ceramic tile flooring, screened balconies and patios, and in-unit washers and dryers. Amenities include a clubhouse, playground, business center, fitness center, tennis and basketball courts, and two swimming pools.<\/p>\n<p><em>Image courtesy of Cushman &amp; Wakefield<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The asset is located south of Daytona Beach, Fla., and comprises 296 units. The new owner is a joint venture between ApexOne Investment Partners and The Collier Cos.<\/p>\n","protected":false},"author":1064,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742],"tags":[37844,32799,37846,37845],"class_list":["post-1004192670","post","type-post","status-publish","format-standard","hentry","category-deals","category-latest","tag-apexone-investment-partners","tag-cushman-wakefield","tag-goldoller-real-estate-investments","tag-the-colliers-companies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cushman &amp; Wakefield Negotiates FL Community Sale - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-negotiates-fl-community-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cushman &amp; Wakefield Negotiates FL Community Sale\" \/>\n<meta property=\"og:description\" content=\"The asset is located south of Daytona Beach, Fla., and comprises 296 units. The new owner is a joint venture between ApexOne Investment Partners and The Collier Cos.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cushman-wakefield-negotiates-fl-community-sale\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-04T13:34:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T18:24:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2017\/10\/Ocean-Oaks-Port-Orange-Fla..png\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cushman-wakefield-negotiates-fl-community-sale\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/cushman-wakefield-negotiates-fl-community-sale\\\/\"},\"author\":{\"name\":\"Gabriel Circiog\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fea14f28ef4cea0e4f36b0516e632ebb\"},\"headline\":\"Cushman &amp; 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