Carter Multifamily Acquires 166-unit Apartment Community, Palm Bay Grand, in Melbourne, Florida for $37.7M ($227k/unit)

  • 2/28/2025

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Carter Multifamily, a Carter Funds company, has acquired Mode at Melbourne, a 166-unit garden-style multifamily community on Florida’s Space Coast, for $37.7 million. The seller was not disclosed.

Carter Funds
Ryan Gray | EVP, Investments & Acquisitions, Carter Multifamily

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