Michael Arzillo Purchases Multifamily Asset At 7861 Johnson Street From John Feula For $2.325M

The property involved in this transaction is a multifamily asset located at 7861 Johnson Street in Pembroke Pines. The sale price of the asset was $2,325,000. The property comprises 12 units and has a total square footage of 7,839, resulting in a price per unit of $193,750 and a price per square foot of $296.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,325,000
• Units: 12
• Square Footage: 7,839
• Price Per Unit: $193,750
• Price Per Square Foot: $296
• Buyer: Michael Arzillo
• Seller: John Feula
• Broker: Elior Levi - Fausto Commercial Realty Consultants

This transaction includes Michael Arzillo as the buyer and John Feula as the seller. Elior Levi represented the seller in this deal, providing brokerage services through Fausto Commercial Realty Consultants.