Brandon Pham Purchases Multifamily Property From John Franchina In West Palm Beach For $1.075M

The property involved in this transaction is a multifamily asset located at 532 26th Street in West Palm Beach. This six-unit property sold for $1,075,000 and has a total square footage of 4,562, resulting in a price per unit of $179,166 and a price per square foot of $235.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,075,000
• Units: 6
• Square Footage: 4,562
• Price per Unit: $179,166
• Price per Square Foot: $235
• Buyer: Brandon Pham
• Seller: John Franchina
• Brokers: Daniel J. Cunningham, Dillon Majeski, Evan Richardson, Cory Sanchez & River Rhoads - Marcus & Millichap

This transaction highlights the efforts of Evan Richardson, a Senior Director of Investments, who noted the property’s advantageous location in relation to the arts and dining district of Northwood Village, which adds to its appeal as a multifamily asset.