Artemis Real Estate Partners Acquires Multifamily Property In Homestead For $70.5M

The multifamily property located at 14981 Southwest 283rd Street in Homestead has been sold in a recent transaction. The property consists of 288 units and was sold for a total price of $70,500,000, resulting in an average price per unit of $244,792.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $70,500,000
• Units: 288
• Price per Unit: $244,792
• Address: 14981 Southwest 283rd Street
• Market: Homestead

The buyer of the property is Artemis Real Estate Partners, represented by Deborah Harmon. The seller, Alcazar Development Group, was represented by Justo Fernandez, Jose Jorge Figuero, Guillermo Villar, and Scott Hedge. The deal was facilitated by brokers Jaret Turkell and Roberto Pesant of Berkadia.