Cardone Capital Acquires Multifamily Asset In Sunrise & Weston For $355M
1343 Saint Tropez Circle & 1640 Northwest 128th Drive
MultiFamily
Sold 1 year ago
+ 2
Summary
Cardone Capital has acquired a multifamily property in Sunrise and Weston for a total of $355,000,000. The property, located at 1343 Saint Tropez Circle and 1640 NW 128th Drive, consists of 972 units. The purchase price translates to a per unit price of $365,226.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $355,000,000
- Units: 972
- Price Per Unit: $365,226
The deal was facilitated by Berkadia brokers Mitch Sinberg, Jaret Turkell, Roberto Pesant, and Omar Morales, who represented the seller, El-Ad National Properties.
Notable individuals present in the sale include Grant Cardone, Mitch Sinberg, Jaret Turkell, Roberto Pesant, and Omar Morales.
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1343 Saint Tropez Circle & 1640 Northwest 128th Drive
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