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Snow Real Estate Acquires Multifamily Property In Sunrise For $15M

Property Image
SOLD
$15,000,000
Deme Mekras
AS
SC

Florida

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MultiFamily141,240 SF
Sold 08/02/2020
the dealplayerscompscontact
Property Image
SOLD

Snow Real Estate Acquires Multifamily Property In Sunrise For $15M

8445 Springtree Drive, Sunrise, FL, USA

See Similar Deals
MultiFamily141,240 SF
Sold 08/02/2020
Deme Mekras
AS
SC
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$106
Total Square Footage:141,240 SF
Transaction Type:Sale

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

Deme Mekras
MSP Group
Deme Mekras
32 deals$270.5M volume(786) 208-2684
BROKER
AS
Adam Snow
2 deals$17.5M volume
BUYER
SC
Sofia C. Castro
3 deals$45.9M volume
SELLER
OG
Ortsac Capital Group
SELLER

Details

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

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