Social Housing Inc. Acquires Multifamily Portfolio In Palm Beach County For $81.5M

The multifamily property located at 2220 Lake Worth Road & 2430 Lake Worth Road in Palm Beach County has been sold for a price of $81,500,000. The property consists of 336 units, with a price per unit (PPU) of $242,559.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $81,500,000
• Address: 2220 Lake Worth Road & 2430 Lake Worth Road
• Market: Palm Beach County

Social Housing Inc. purchased the property from AHS Residential - Ernesto Lopes. The deal was facilitated by Jaret Turkell, Roberto Pesant, Omar Morales, and Jose Mota of Berkadia.

Notable individuals involved in the transaction include Jaret Turkell, Roberto Pesant, Omar Morales, and Jose Mota of Berkadia, who represented the buyer, Social Housing Inc. Ernesto Lopes represented the seller, AHS Residential.