Prospect Real Estate Group And Midtown Capital Partners Acquire Lauderhill MultiFamily For $8.65M

The MultiFamily property located at 8456-8458 West Commercial Boulevard in Lauderhill has been sold for a total amount of $8,650,000. This property consists of 275 units, with an average price per unit of $31,455. The total square footage of the property is 278,784, with a price per square foot of $31. The transaction was facilitated by Ignacio Cattaneo from Bm2 Realty.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $8,650,000
• Units: 275
• Price Per Unit: $31,455
• Square Footage: 278,784
• Price Per Square Foot: $31
• Market: Lauderhill

On the buyer's side, the Prospect Real Estate Group, represented by Richard G. Zahn, Sr and Michele Zahn, along with Midtown Capital Partners, represented by Alexander Saieh and Alejandro Velez, acquired the property. The sellers, the Parabens Group, were represented by Luciano Miguel Gesuiti and Diego Besga. It was an important transaction for all parties involved, showcasing the collaboration of various professionals in the real estate industry.