Bianca & Michael Alvarez Purchase Multifamily Asset At 208 Avondale Drive For $2.75M

The property asset involved in the transaction is located at 208 Avondale Drive in Pompano Beach. The multifamily asset comprises 13 units and has a total square footage of 9,431. The sale price reached was $2,750,000, resulting in a price per unit of $211,538 and a price per square foot of $291.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,750,000
• Address: 208 Avondale Drive
• Market: Pompano Beach
• Units: 13
• Square Feet: 9,431
• Price Per Unit: $211,538
• Price Per Square Foot: $291
• Buyer: Bianca & Michael Alvarez
• Seller: Ralph Puig
• Brokers: Ryan Wold, Dan Dratch & Ethan Krauss - Franklin Street

The transaction was facilitated by brokers Ryan Wold, Dan Dratch, and Ethan Krauss, all representatives of Franklin Street, who played a pivotal role in the deal between buyer Bianca & Michael Alvarez and seller Ralph Puig.