The Estate Companies Acquires Hialeah Multifamily For $15.25M

The multifamily property located at 1950 West 49th Street in Hialeah has been sold for a price of $15,250,000. The property spans a total of 217,800 square feet, with a price per square foot of $70. The transaction involved a total of 258 keys, resulting in a price per key of $59,108.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $15,250,000
• Square Footage: 217,800
• Price per Square Foot: $70
• Address: 1950 West 49th Street
• Market: Hialeah
• Buyer: The Estate Companies – Jeffrey Ardizon
• Keys: 258
• Price per Key: $59,108

The Estate Companies, represented by Jeffrey Ardizon, acted as the buyer in this transaction.