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2425 2nd Ave N
SOLD

One Real Estate Investment Acquires MultiFamily Asset On 2nd Ave N, Lake Worth Beach

2425 2nd Ave N

MultiFamily
200,000 SF
clock iconSold 237 days ago
Yoav Yuhjtman
Tal Frydman
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Summary

Sale
FLORIDA
MultiFamily
200,000 sqft

The Oakwood Apartments in Lake Worth, Florida, a 160-unit townhome community, was recently acquired by Oakwood Townhomes LLC for $35.4 million. The property offers four-bedroom townhomes with amenities like stainless steel appliances, a fitness center, a cyber café, and a pool. Situated at 2425 2nd Avenue North, the complex is conveniently located near various amenities in a vibrant neighborhood.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $35.4 million
  • Address: 2425 2nd Ave N, Lake Worth, FL, 33461
  • Market: Lake Worth Beach
  • Seller's Representatives: Tal Frydman(Newmark), Yoav Yuhjtman(Berkadia)
  • Buyer: One Real Estate Investment
  • Square Footage: 200,000

Berkadia played a key role in facilitating the sale, with Senior Managing Directors Jaret Turkell and Roberto Pesant leading the marketing efforts for One Real Estate Investments. The acquisition was successfully completed despite the challenges posed by the pandemic, leading to significant property improvements and appreciation. CEO Jeronimo Hirschfeld expressed optimism about multifamily assets in the region and highlighted the success of the property's renovation program.

Players

  • All

    4

  • Agents

    2

  • Agencies

    2

Yoav Yuhjtman's profile picture
Yoav Yuhjtman
Berkadia-image
Director
$232M Sold

Details

Deal Summary
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SOLD
IMAGE: 2425 2nd Ave N, Lake Worth, FL, 33461 MARKET: Lake Worth Beach ASSET TYPE: MultiFamily SELLER'S REP: Tal Frydman(Newmark), Yoav Yuhjtman(Berkadia) BUYER: One Real Estate Investment PRICE: $25,600,000.00.00 SF: 200000

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Address2425 2nd Ave N

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