Nicholas Roberts And Asha Roberts Buy 112-Unit Multifamily Community In Lauderdale Lakes For $19.25M

The transaction involves a multifamily asset located at 3400 Northwest 50th Avenue & 3460 Northwest 50th Avenue in Lauderdale Lakes. The sale price for the property was $19,250,000, encompassing a total of 112 units. The overall square footage of the asset is 76,868, with a price per unit calculated at $171,875 and a price per square foot of $250.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $19,250,000
• Units: 112
• Square Footage: 76,868
• Price Per Unit: $171,875
• Price Per Square Foot: $250
• Buyer: Nicholas Roberts & Asha Roberts
• Seller: Kris Persaud
• Brokers: Evan Richardson, Dillon Majeski, Daniel J. Cunningham, Cory Sanchez & River Rhoads - Marcus & Millichap
• Date of Sale: 07/31/2026

The Cunningham - Richardson Group of Marcus & Millichap successfully facilitated the transaction, representing the seller and directly procuring the buyer, as noted by Daniel Cunningham, the lead agent on the deal.