David Ogorek Purchases Multifamily Property From Joel Perez For $2.9 Million In Lake Park, FL

This multifamily asset, located at 218 7th Street & 710 Bayberry Drive in Lake Park, FL, has been transacted for a total of $2,900,000. The property comprises 16 units across a total square footage of 13,338, resulting in a price per unit of $181,250 and a price per square foot of $217.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,900,000
• Units: 16
• Square Footage: 13,338
• Price Per Unit: $181,250
• Price Per Square Foot: $217
• Buyer: David Ogorek
• Seller: Joel Perez
• Brokers: Daniel J. Cunningham, Dillon Majeski, Evan Richardson, Cory Sanchez & River Rhoads - Marcus & Millichap

The transaction involved multiple brokers from Marcus & Millichap, with Evan Richardson serving as the lead agent. This sale marks the twelfth transaction with the seller, highlighting the established relationship and ongoing trust between the parties involved.