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Social Housing Acquires Multifamily Property In Lake Worth Beach For $81.5M

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SOLD
$81,500,000

Florida

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MultiFamily
Sold 01/05/2022
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Property Image
SOLD

Social Housing Acquires Multifamily Property In Lake Worth Beach For $81.5M

2430 Lake Worth Road, Lake Worth, Florida 33461, United States

See Similar Deals
MultiFamily
Sold 01/05/2022
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Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Sale

The multifamily property located at 2430 Lake Worth Road & 2220 Lake Worth Road in Lake Worth Beach has been sold. The property spans across 12.3 acres and is situated in a desirable market.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $81,500,000
  • Units: 334
  • Price per Unit (PPU): $244,012

Social Housing has acquired the property from AHS Residential, with Ernesto Lopes representing the seller. Roberto Pesant and Jaret Turkell from Berkadia served as the seller's representatives in the deal.

Players

Jaret Turkell
49 deals$3.2B volume
BROKER

Roberto Pesant
Berkadia
32 deals$2.3B volume
BROKER

Ernesto Lopes
14 deals$925.1M volume
SELLER

Details

SOLD
IMAGE: Jaret Turkell, Ernesto Lopes & Roberto Pesant DATE: 01/05/2022 ADDRESS: 2430 Lake Worth Road & 2220 Lake Worth Road MARKET: Lake Worth Beach ASSET TYPE: Multifamily ~ ACRES: 12.3 BUYER: Social Housing SELLER: AHS Residential - Ernesto Lopes SELLER'S REP: Roberto Pesant & Jaret Turkell - Berkadia SALE PRICE: $81,500,000 UNITS: 334 ~ PPU: $244,012

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