Legacy Residential Group Acquires Hollywood Multifamily Property For $17.4M

The multifamily property located at 4150 Davie Road Extension in Hollywood has been sold for a total price of $17,400,000. The sale was facilitated by Legacy Residential Group, represented by Tom Cabrerizo, and the seller was Triangle Professional Building Corp. III. The property consists of 88 units, with a price per unit of $197,727. The total square footage of the property is 88,893, resulting in a price per square foot of $196.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $17,400,000
• Units: 88
• Price per Unit: $197,727
• Square Footage: 88,893
• Price per Square Foot: $196

Tom Cabrerizo from Legacy Residential Group represented the buyer in this transaction. The lender involved in the sale was the Bank of New York Mellon.