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Jason M. Pantzer Acquires AMLI Doral For $139.25M With Pantzer Properties

Property Image
SOLD
$139,250,000
Sean O’Brien
Simon Banke
Maurice Habif
+ 3

Florida

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MultiFamily475,423 SF
Sold
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SOLD

Jason M. Pantzer Acquires AMLI Doral For $139.25M With Pantzer Properties

11481 Northwest 41st Street

See Similar Deals
MultiFamily475,423 SF
Sold
Sean O’Brien
Simon Banke
Maurice Habif
+ 3
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$292
Total Square Footage:475,423 SF
Transaction Type:Sale

The multifamily property located at 11481 Northwest 41st Street in Doral was sold for $139.25 million. The property consists of 352 units with a price per unit of $395,597. The total square footage of the property is 475,423, with a price per square foot of $293. The sale was facilitated by JLL Real Estate Capital.

Summary of transaction details:

The sale of the AMLI Doral apartments, now known as the Point at Lakeside, to PP Everglades 41 Investors LLC, associated with Pantzer Properties, reflects the strong investor interest in the property's quality and prime location in Doral, Miami's vibrant submarket.

Players

Amit Kakar
JLL
Amit Kakar
8 deals$513.4M volume
BROKER
Nick Lavin
JLL
Nick Lavin
10 deals$1.4B volume
BROKER
Jamie Leachman
JLL
Jamie Leachman
14 deals$1.2B volume
BROKER
Maurice Habif
JLL
Maurice Habif
19 deals$1B volume
BROKER
Simon Banke
JLL
Simon Banke
26 deals$1.4B volume
BROKER
Sean O’Brien
JLL
Sean O’Brien
2 deals$140.5M volume
BROKER
JLL
JLL
LENDER

Details

SOLD
IMAGE: Nick Lavin, Jamie Leachman, Simon Banke, Jason M. Pantzer, Maurice Habif, Sean O’Brien, Amit Kakar & Gregory Mutz DATE: 06/21/2024 ADDRESS: 11481 Northwest 41st Street MARKET: Doral ASSET TYPE: Multifamily BUYER: Jason M. Pantzer - Pantzer Properties SELLER: Gregory Mutz - AMLI Residential (@AmliApts) BROKERS: Maurice Habif, Nick Lavin & Simon Banke (@SBanke) - JLL (@JLL) LENDER: JLL Real Estate Capital MORTGAGE BROKERS: Amit Kakar, Jamie Leachman & Sean O’Brien - JLL SALE PRICE: $139,250,000 UNITS: 352 ~ PPU: $395,597 SF: 475,423 ~ PPSF: $293 NOTE: The AMLI Doral apartments, now rebranded as the Point at Lakeside, were sold for $139.25 million to PP Everglades 41 Investors LLC, affiliated with Pantzer Properties. JLL Real Estate Capital facilitated the transaction with an $87.65 million mortgage, reflecting strong investor interest in the property's quality and location in Doral, Miami's vibrant submarket.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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