Tunnel Capital Acquires Multifamily Asset In Sunrise From Michael Gordon For $1.26M

The asset involved in the transaction is a multifamily property located at 1501 Northwest 60th Avenue in Sunrise. It consists of 7 units, spanning 6,179 square feet. The sale price for the property was set at $1,260,000, translating to a price per unit of $180,000 and a price per square foot of $203.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,260,000
• Units: 7
• Total Square Footage: 6,179
• Price Per Unit: $180,000
• Price Per Square Foot: $203
• Buyer: Tunnel Capital
• Seller: Michael Gordon
• Buyer's Representatives: Hugo Cascavita, Victor Alves Garcia, Jose Scherrer, Benjamin Hananel
• Brokerage: Matthews
• Brokers: Erik Leon, Gabriel Pena

Key individuals involved in this transaction include the buyer representatives Hugo Cascavita, Victor Alves Garcia, Jose Scherrer, and Benjamin Hananel from Tunnel Capital, and seller Michael Gordon. The transaction was facilitated by brokers Erik Leon and Gabriel Pena of Matthews, who represented the interests of the seller in this deal.