Lyon Management Group Acquires Sunrise Multifamily For $33.1M

Located at 4108 North Pine Island Road in Sunrise, this multifamily property spans across 6 acres. The transaction took place on September 14, 2022, with a sale price of $33,100,000. The property consists of 128 units, resulting in a price per unit of $258,594. The image showcasing the property was captured by Still Hunter and Kaya Suarez.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $33,100,000
• Address: 4108 North Pine Island Road, Sunrise
• Market: Sunrise
• Acres: 6
• Units: 128
• Price Per Unit: $258,594

The Lyon Management Group acquired the property from Ortsac Investments, represented by Robert Castro. The sale was facilitated by Still Hunter and Kaya Suarez from Walker & Dunlop. Comerica Bank provided the financing for the transaction.