ROI Capital Group Acquires Multifamily Property In Fort Lauderdale For $58.5M

The multifamily property located at 5201 N. Dixie Highway in Fort Lauderdale, FL has been sold for a total price of $58,500,000. The property consists of 296 units, resulting in a price per unit of $197,635. The sale was completed on April 28, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $58,500,000
• Address: 5201 N. Dixie Highway, Fort Lauderdale, FL
• Market: Fort Lauderdale, FL
• Buyer: ROI Capital Group
• Seller: Northland
• Brokers: Jaret Turkell, Roberto Pesant, Yoav Yuhjtman, Omar Morales & Jose Mota - Berkadia
• Units: 296
• Price per Unit: $197,635

The sale of this multifamily property was facilitated by the brokers Jaret Turkell, Roberto Pesant, Yoav Yuhjtman, Omar Morales, and Jose Mota from Berkadia. They represented both the buyer, ROI Capital Group, and the seller, Northland, in this transaction.