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DAYTONA BEACH, FL - Nicol Investment Company, a family-owned real estate investment firm based in Nashville, Tennessee, announced the acquisition of Madison Pointe, a 240-unit garden-style apartment community located at the bustling intersection of Interstate 95 and LPGA Boulevard in Daytona Beach, Florida. The purchase price was $68.5 million.
Since 2016, Nicol Investment Company has acquired five multifamily assets in Florida, representing $330 million in total investment value.
/PRNewswire/ Nicol Investment Company, a family-owned real estate investment firm based in Nashville, Tennessee, announced today the acquisition of Madison.
/PRNewswire/ Nicol Investment Company, a family-owned real estate investment firm based in Nashville, Tennessee, announced today the acquisition of Madison.