Santiago Alvarez Acquires Multifamily Property In Lauderdale Lakes From Jerry Slubowski

Santiago Alvarez has purchased a multifamily property located at 4711-4757 NW 24th Court in Lauderdale Lakes. The property consists of 78 units, with a total square footage of 50,856. The asking price and sale price for this transaction were both $7,800,000, resulting in a price per unit of $100,000 and a price per square foot of $153.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,800,000
• Units: 78
• Price per Unit: $100,000
• Square Footage: 50,856
• Price per Square Foot: $153

The buyer representative for this deal is Felipe Echarte, Jr. from Marcus & Millichap, while the seller is Jerry Slubowski. Both parties were represented by brokers Felipe Echarte, Jr. and Evan Kristol from Marcus & Millichap.