Felipe Echarte, Evan Kristol And Nicholas McAndrew Facilitate $9.75M Sale Of Miami Multifamily Property

The Memorial Highway Apartments in Miami, Florida, have been sold for $9.75 million. The multifamily building spans 36,050 square feet and consists of 57 units. Situated at 15201 Memorial Highway in the Biscayne Gardens neighborhood, the property offers proximity to educational institutions, healthcare facilities, Interstate 95, and Haulover Beach.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,750,000
• Market: Miami
• Address: 15201 Memorial Highway
• SF: 36,050
• PPSF: $270

The sale of the Memorial Highway Apartments was facilitated by Evan Kristol, Felipe Echarte, and Nicholas McAndrew of Marcus & Millichap. Felipe Echarte, a senior vice president investments at Marcus & Millichap, played a key role in the transaction, bringing together the parties involved in this significant deal.