Westdale Acquires 338-Unit Multifamily Property In West Miami For $97M | 2201 Ludlum Road | Neyda Bravo, Luis Gonzalez | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

423,104 sqft

Westdale has acquired a multifamily property located at 2201 Ludlum Rd in West Miami. The property, consisting of 338 units, was sold by The Estate Company for a total price of $97,000,000. The sale took place on April 15, 2021. With a per unit price of $286,982, this transaction marks a significant investment in the West Miami market.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $97,000,000
Units: 338
Price Per Unit: $286,982

Neyda Bravo and Luis Gonzalez from Bravo & Partners Realty acted as brokers in this deal, representing both the buyer, Westdale, and the seller, The Estate Company. Their expertise and negotiation skills played a crucial role in facilitating this successful transaction.

Players

All
3

Agents
2
Agencies
1

Neyda Bravo

Executive Managing Director Investments

$482.9M Sold

Luis Gonzalez

Commercial Real Estate Consultant

$376.3M Sold

Bravo & Partners Realty

Details

Deal Summary

SOLD

IMAGE: Luis Gonzalez, Neyda Bravo DATE: 04/15/2021 ADDRESS: 2201 Ludlum Rd MARKET: West Miami ASSET TYPE: Multifamily BUYER: Westdale SELLER: The Estate Company BROKERS: Neyda Bravo & Luis Gonzalez - @BravoandPartners Realty SALE PRICE: $97,000,000 UNITS: 338 ~ PPU: $286,982

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Address2201 Ludlum Road

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