Westdale Acquires Multifamily Property In Blue Lagoon, Miami For $93.8M

The property asset involved in this transaction is a multifamily unit located at 5375 NW 7th St in the Blue Lagoon market of Miami. The sale price for the asset was $93,834,183, consisting of 330 units, resulting in a price per unit of $284,346.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $93,834,183
• Address: 5375 NW 7th St
• Market: Blue Lagoon, Miami
• Units: 330
• Price Per Unit: $284,346
• Buyer: Westdale
• Seller: Estate Companies
• Brokers: Neyda Bravo & Luis Gonzalez - Bravo & Partners Realty

This transaction was facilitated by Neyda Bravo and Luis Gonzalez, who represented the seller, Estate Companies. Their involvement was crucial in bringing the buyer, Westdale, and seller together to successfully complete the deal.