Avalon Toscana LLC Acquires Multifamily Property In Margate For $60.25M | 3050 Toscana Lane West | Chris Conklin | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

276,412 sqft

The multifamily property located at 3050 Toscana Lane West in Margate has been sold. The transaction took place on December 17, 2019. The property, owned by FCI Residential and represented by Juan Porro, was purchased by Avalon Toscana LLC. The deal was facilitated by broker Chris Conklin from Walker & Dunlop.

Summary of transaction details:

Property Type: Multifamily
Sale Price: $60,250,000
Square Footage: 276,412
Price per Square Foot: $217
Number of Units: 240
Price per Unit: $251,000
Address: 3050 Toscana Lane West, Margate

The sale of this multifamily property highlights the involvement of key individuals and companies. FCI Residential, led by Juan Porro, acted as the seller. On the buyer's side, Avalon Toscana LLC acquired the property. The deal was facilitated by Chris Conklin from the brokerage firm Walker & Dunlop.

Players

All
1

Agents
1

Chris Conklin

Managing Director

$1B Sold

Details

Deal Summary

SOLD

IMAGE: Juan Porro & Chris Conklin DATE: 12/17/2019 ADDRESS: 3050 Toscana Lane West MARKET: Margate ASSET TYPE: Multifamily SELLER: FCI Residential - Juan Porro BUYER: Avalon Toscana LLC BROKERS: Chris Conklin - Walker & Dunlop PRICE: $60,250,000 SF: 276,412 ~ PPSF: $217 UNITS: 240 PPU: $251,000

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Address3050 Toscana Lane West

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