KODA Capital Acquires Multifamily Property In Hallandale Beach For $2.021M

In a recent closed property transaction, a multifamily asset located at 821 Northwest 7th Avenue & 822 Northwest 7th Terrace in Hallandale Beach changed hands. The sale was completed on 01/21/2021, with a purchase price of $2,021,750. The property spans 10,939 square feet, resulting in a price per square foot of $185. It comprises 16 units, translating to a price per unit of $126,359.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,021,750
• Market: Hallandale Beach
• Address: 821 Northwest 7th Avenue & 822 Northwest 7th Terrace

The buyer in this transaction was KODA Capital represented by Yoni Dagan, while the seller was Four Walls Investments.

This successful sale highlights the continued activity and investment in the Hallandale Beach market. It showcases the attractiveness of multifamily properties in the area and demonstrates the confidence of buyers like KODA Capital in the potential for growth and return on investment.