Naranja Lakes Housing Partners, LP Acquires Multifamily Property In Homestead For $3.3M

The multifamily property located at 26000 S Dixie Hwy in Homestead has been sold in a recent transaction. The property consists of 140 units and was acquired by Naranja Lakes Housing Partners, LP for a total sale price of $3,300,000, resulting in an average price per unit of $23,571. The seller in this transaction was Shou Fong Rachmuth Le. The sale was facilitated by the broker Erkan Korkmaz from Related ISG Realty.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,300,000
• Address: 26000 S Dixie Hwy, Homestead
• Market: Homestead

Naranja Lakes Housing Partners, LP, the buyer, completed the acquisition of this multifamily property from Shou Fong Rachmuth Le. The transaction was facilitated by Erkan Korkmaz from Related ISG Realty, who represented the buyer. This deal marks an important milestone for all parties involved.