Leon Peisach And Mike Peisach Acquire Sunrise Multifamily Portfolio From Jomy Zacharias For $32.28M

The multifamily asset involved in the transaction is located at 2109 Northwest 64th Avenue, 2650 Northwest 64th Avenue, 6354 Northwest 26th Street, and 7041 Sunset Strip, in the Sunrise market. The sale price for the property was $32,280,000, consisting of 184 units with a price per unit of $175,435. The total square footage of the properties is 161,262, with a price per square foot of $200.17.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $32,280,000
• Units: 184
• Price Per Unit: $175,435
• Square Footage: 161,262
• Price Per Square Foot: $200.17
• Buyer: Leon Peisach & Mike Peisach
• Seller: Jomy Zacharias
• Broker Representing the Buyer: Brandon Rex, Evan Kristol & Austin Michels - Marcus & Millichap

The transaction includes four separate rental communities: Sunrise Gardens, Riverview Apartments, Lake Success Apartments, and La Haina Apartments, built in the years 1971 to 1974, showcasing a diverse range of multifamily units within the city of Sunrise, Florida.