Daniel And Rene Vargas Acquire Multifamily Property From Ralph Puig In Pompano Beach For $3.1M

The multifamily asset located at 3901 Northwest 9th Avenue, Pompano Beach encompasses 14 units within a total square footage of 10,000. The property has been sold for a transaction amount of $3,100,000, representing a price per unit of $221,429 and a price per square foot of $310.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,100,000
• Address: 3901 Northwest 9th Avenue
• Market: Pompano Beach
• Units: 14
• Square Feet: 10,000
• Price Per Unit: $221,429
• Price Per Square Foot: $310
• Buyer: Daniel & Rene Vargas
• Seller: Ralph Puig
• Brokers: Ryan Wold, Dan Dratch & Ethan Krauss - Franklin Street

The transaction involved Daniel & Rene Vargas as the buyers and Ralph Puig as the seller. The deal was facilitated by the brokerage team of Ryan Wold, Dan Dratch, and Ethan Krauss from Franklin Street.