RREEF Management Acquires Pembroke Pines Multifamily From Brookfield Property Group For $121.3M

250 Northwest 130th Avenue

MultiFamily

1,356 SF

Sold 1 year ago

Summary

Sale

FLORIDA

MultiFamily

1,356 sqft

The multifamily property located at 250 Northwest 130th Avenue in Pembroke Pines has been sold for a total of $121,300,000. The property consists of 368 units, with a price per unit of $329,619. The transaction also includes approximately 21 acres of land, valued at $5,776,190 per acre.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $121,300,000
Units: 368
Price Per Unit: $329,619
Acres: 21
Price Per Acre: $5,776,190

RREEF Management has acquired the property from Brookfield Property Group, represented by Brian Kingston and Bruce Flatt.

Details

Deal Summary

SOLD

IMAGE: Brian Kingston & Bruce Flatt DATE: 08/05/2021 ADDRESS: 250 Northwest 130th Avenue MARKET: Pembroke Pines ASSET TYPE: Multifamily BUYER: RREEF Management SELLER: Brookfield Property Group - Brian Kingston & Bruce Flatt SALE PRICE: $121,300,000 UNITS: 368 ~ PPU: $329,619 ACRES: 21 ~ PPA: $5,776,190

View on map

Address250 Northwest 130th Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.