Mo Ali Acquires Multifamily Asset From Hina Rizvi In Fort Lauderdale For $4M

The property asset involved in the transaction is a multifamily unit located at 1501 Southeast 2nd Court in Fort Lauderdale. The sale price for the property was $4,000,000. It comprises 13 units, with a price per unit of $307,692. The total square footage of the property is 7,694, resulting in a price per square foot of $519.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• Buyer: Mo Ali
• Seller: Hina Rizvi
• Broker: Elior Levi - Fausto Commercial Realty Consultants
• Units: 13
• Price Per Unit: $307,692
• Square Feet: 7,694
• Price Per Square Foot: $519

The deal was represented by broker Elior Levi from Fausto Commercial Realty Consultants, who played a key role in facilitating the transaction between the buyer, Mo Ali, and seller, Hina Rizvi. Each party was represented effectively in this multifamily property sale.