SVN Alliance recently negotiated the sale of a 5.3 acre
development project previously known as Spring Hollow in Deland, FL for $315,000. The site is
located at 1480 S Adelle Ave and had been previously engineered for 60 residential units.
Chris Butera, Principal at SVN Alliance, negotiated the transaction representing the Central
Florida based seller, The Vincik Group, LLC. The buyer, Jouko Paavola, is an international
investor in real estate and development projects and was represented by Al Collins.
The site is ideally positioned as a workforce housing development. Paavola intends to partner
with a local builder to develop and build out this community.