Bayview Partners Acquires 252-Unit Multifamily Property In Homestead For $70M

Located in Homestead, the multifamily property at 13720 SW 272nd Street has recently been sold in a closed transaction. Spanning over 10.7 acres, this property offers a significant investment opportunity.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $70,000,000
• Market: Homestead
• Address: 13720 SW 272nd Street
• Asset Type: Multifamily
• Acres: 10.7

The buyer of this property is Bayview Partners, while Pride Homes acted as the seller in this transaction. The deal was facilitated by Tal Frydman, Avery Klann, and Hampton Beebe from Newmark.

This successful transaction involved the transfer of 252 units at a price of $277,778 per unit. The collaboration between the buyer, seller, and their representatives has resulted in the completion of this significant deal.