Marcus & Millichap Facilitates $1.36M Sale Of Kurki Apartments In Lake Worth

The Kurki Apartments, an eight-unit multifamily building located at 126 S. D St. in Lake Worth, has been sold for $1,360,000. The property spans 7,000 square feet and consists of eight two-bedroom units, each featuring outdoor patios, central air, and on-site coin-operated laundry facilities. Situated near entertainment options and Interstate 95, the property offers a convenient location for tenants.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,360,000
• Address: 126 S. D Street
• Market: Lake Worth
• Acreage: 0.31

The sale of Kurki Apartments was announced by Marcus & Millichap. The acquisition financing totaling $1.02 million was arranged by Marcus & Millichap Capital Corporation. The brokers involved in the deal were River Rhoads, Daniel J. Cunningham, Evan Richardson, and Dillon Majeski from Marcus & Millichap. The mortgage brokers responsible for securing the financing were David Purisch and Steve Goldwyn, also from Marcus & Millichap Capital Corporation.

The sale of Kurki Apartments highlights the successful collaboration between Marcus & Millichap and Marcus & Millichap Capital Corporation in facilitating the transaction. This deal represents their expertise in the Lake Worth market and their ability to secure favorable financing for multifamily properties. The property's prime location and amenities undoubtedly contributed to its attractiveness to both buyers and tenants.