American Landmark Apartments Acquires 224-Unit Multifamily In North Lauderdale For $60.5M

The multifamily property located at 1949 Cove Lake Rd in North Lauderdale has been sold in a recent transaction. The property consists of 224 units, with each unit priced at an average of $270,089. The total sale price for the property was $60,500,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $60,500,000
• Address: 1949 Cove Lake Rd
• Market: North Lauderdale

American Landmark Apartments purchased the property from David N. Koury, Amin J. Koury, Richard S. Cohen, Charles F. Cohen, Robert L. Crandall, and Jeffrey A. Levitetz. They represented the buyer in the deal.