Tarek Balis Purchases Multifamily Asset As Buyer's Representative Ness Ohayon For $6.3M In Dania

This multifamily asset is located at 32 Southeast 2nd Avenue, 211 Southeast Park Street & 11 Southeast 2nd Avenue in the market of Dania. The property comprises 42 units and spans a total of 17,943 square feet. The transaction was completed for $6,300,000, resulting in a price per unit of $150,000 and a price per square foot of $351.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,300,000
• Units: 42
• Square Footage: 17,943
• Price Per Unit: $150,000
• Price Per Square Foot: $351
• Buyer: Tarek Balis
• Seller: Ben Damse
• Buyer's Representative: Ness Ohayon - LoKation® Real Estate

The deal was facilitated by Ness Ohayon representing Tarek Balis in the purchase of this multifamily property from seller Ben Damse. The transaction signifies a strategic investment within the Dania market, demonstrating the continued interest in multifamily assets.