Rental Asset Management Acquires Multifamily Property In Boca Raton For $20M | 1601 Northwest 13th Street | Perry Synanidis, Garrett Pordes, Calum Weaver | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

77,220 sqft

A multifamily property located at 1601 NW 13th Street in Boca Raton has been sold for $20,000,000. The property consists of 84 units, with an average price per unit of $238,095. The total square footage of the property is 77,220, resulting in a price per square foot of $259.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $20,000,000
Address: 1601 NW 13th Street, Boca Raton
Market: Boca Raton

The buyer in this transaction was Rental Asset Management, represented by Axel Jordan & German Guzman. The seller was Country Club Village, with Oded Meltzer as the seller's representative. The deal was facilitated by Calum Weaver, Perry Synanidis, and Garrett Pordes from Cushman & Wakefield.

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Players

Agents
3

Agencies
2

$226.9M Sold

$48.1M Sold

Executive Managing Director

$424.3M Sold

Details

Deal Summary

SOLD

IMAGE: Calum Weaver, Perry Synanidis & Garrett Pordes DATE: 07/23/2021 ADDRESS: 1601 NW 13th Street MARKET: Boca Raton ASSET TYPE: Multifamily BUYER: Rental Asset Management - Axel Jordan & German Guzman SELLER: Country Club Village - Oded Meltzer SELLER'S REP: Calum Weaver (@WeaverCalum), Perry Synanidis (@PerrySynanidis) & Garrett Pordes(@GarrettPordes13) - Cushman & Wakefield ASKING PRICE: $20,000,000 SALE PRICE: $20,000,000 UNITS: 84 ~ PPU: $238,095 SF: 77,220 ~ PPSF: $259

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Address1601 Northwest 13th Street

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