Building Housing Imagine School at Town Center Sold for $9.93 Million

Schoolhouse Finance LLC of Arlington VA sells to Inland PPD Charter Palm Coast LLC of Oak Brook IL

Palm Coast, FL – March 19, 2010 – The owner of the building housing the Imagine School at Town Center sold it to Inland PPD Charter Palm Coast LLC, of Oak Brook, IL for $9.93 million. The seller is Schoolhouse Finance LLC of Arlington, VA.
The building, completed in 2008, sits on a 9.735-acre lot and has 38,480 square feet of which 26,408 square feet are finished area. the building was completed in 2008. The 2009 assessed value is $5,287,549. The transaction closed February 11th.
Imagine School operates 74 schools in 12 states, according to its Website. Imagine School at Town Center is a K-8 school.


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1 reply
  1. John
    John says:

    Why pay double the value?

    Commercial property in Palm Coast is way over priced and yet here is someone who is willing to pay double the value. Hurry,somebody pinch me I must be dreaming.

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