CA Ventures Acquires Multifamily Property In Coral Gables For $21M

This multifamily property located at 5830 Southwest 57th Ave in Coral Gables, Miami, was recently sold for a total price of $21,000,000. The transaction took place on April 1, 2019. The property consists of 79 units, with a per unit price of $265,822.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $21,000,000
• Date: 04/01/2019
• Address: 5830 Southwest 57th Ave
• Market: Coral Gables
• City: Miami
• Buyer: CA Ventures - Katie Kazas and Tom Scott
• Seller: 5830 SW 57th Ave LLC
• Units: 79
• Price Per Unit: $265,822

Katie Kazas and Tom Scott, representing CA Ventures, acted as the buyers in this transaction. They acquired the property from 5830 SW 57th Ave LLC.