Cochise Capital Acquires Multifamily Property In Fort Lauderdale For $19.5M

The multifamily property located at 1401 SE 15th Street in Fort Lauderdale has been sold for a price of $19,500,000. The property spans an area of 1 acre and comprises 58 units with a total square footage of 46,343. The sale price per unit stands at $336,207, while the price per square foot is $421.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $19,500,000
• Address: 1401 SE 15th Street, Fort Lauderdale
• Market: Fort Lauderdale
• Acres: 1

The buyer of the property is Cochise Capital, represented by David Talla. The seller is Cordova Arms LLC, with Ralph Doering III as their representative. The deal was facilitated by brokers George Coloney and Maggie Graham from the Coloney Group. The transaction was financed by First Republic Bank.