Snow Real Estate Acquires Multifamily Property In Sunrise For $15M | 8445 Springtree Drive | Deme Mekras | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

141,240 sqft

An multifamily property located at 8445 Springtree Drive in Sunrise has been sold for $15,000,000. The property consists of 72 units and covers an area of 3.2 acres. The sale price per unit comes out to be $208,333, and the price per acre is $4,687,500.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $15,000,000
Address: 8445 Springtree Drive, Sunrise
Market: Sunrise

The buyer of the property is Snow Real Estate, represented by Adam Snow. The seller is Ortsac Capital Group, owned by Bobby & Sofia Castro. The deal was facilitated by Deme Mekras from the MSP Group.

Players

All
2

Agents
1
Agencies
1

Deme Mekras

CEO and Managing Partner

$147.9M Sold

MSP Group

Details

Deal Summary

SOLD

IMAGE: Bobby Castro DATE: 08/02/2021 ADDRESS: 8445 Springtree Drive MARKET: Sunrise ASSET TYPE: Multifamily BUYER: Snow Real Estate - Adam Snow SELLER: Ortsac Capital Group - Bobby & Sofia Castro BROKER: Deme Mekras - MSP Group SALE PRICE: $15,000,000 UNITS: 72 ~ PPU: $208,333 ACRES: 3.2 ~ PPA: $4,687,500

View on map

Address8445 Springtree Drive

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want