American Landmark Acquires Multifamily Property In Plantation From Carroll - M. Patrick Carroll For $58M

The multifamily property located at 3880-3960 West Broward Boulevard in Plantation has been sold. The transaction took place on April 14, 2021. The property, spanning approximately 262,844 square feet, consists of 223 units. The sale price of the property was $58,000,000, resulting in a price per unit of $260,090. The price per square foot was $221. The property sits on 10.8 acres, with a price per acre of $5,370,370.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $58,000,000
• Address: 3880-3960 West Broward Boulevard, Plantation
• Market: Plantation
• Units: 223
• Price per Unit: $260,090
• Square Footage: 262,844
• Price per Square Foot: $221
• Acres: 10.8
• Price per Acre: $5,370,370

American Landmark, represented by Joe Lubeck, acquired the property from Carroll, represented by M. Patrick Carroll. The deal was conducted by these key individuals and companies involved in the transaction.