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Prism Multifamily Group Acquires Broward County Multifamily For $53.5M

4401 NW 10th County
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This MultiFamily property located in FL was sold for $53,500,000 almost 4 years ago. The brokers of the deal were Tal Frydman, Avery Klann, Tyler Minix, Jonathan Senn, and Hampton Beebe

The recently closed property transaction in Broward County involved a multifamily asset located at 4401 NW 10th Ct. & 1861 NW 46th Ave. The property consists of 398 units and was sold for a total of $53,500,000, resulting in a price per unit of $134,000. The transaction took place on 05/28/2020.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $53,500,000
  • Units: 398
  • Price per Unit: $134,000

The buyer in this transaction was Prism Multifamily Group, while Jenco Properties acted as the seller. The deal was facilitated by Tal Frydman, Avery Klann, Hampton Beebe, Tyler Minix, and Jonathan Senn of Newmark Knight Frank, who represented the respective parties involved.

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Deals
  • Location
    1861 NW 46th Ave, Lauderhill, Broward, FL, USA1861 NW 46th Ave, Lauderhill, Broward, FL, USA
  • Sale Price
    $53,500,000$53,500,000
    $134,422 PPSF$134,422 PPSF
  • Area
    398 SF398 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    5 Brokers, 1 Agency5 Brokers, 1 Agency

Agents

Tyler Minix

Tyler Minix

Deals6
Sold$284.7M

Tal Frydman

Tal Frydman

Deals14
Financed$559.3M

Jonathan Senn

Jonathan Senn

Deals5
Sold$264.5M

Hampton Beebe

Hampton Beebe

Deals16
Financed$905.2M

Avery Klann

Avery Klann

Deals14
Financed$819.8M

Agency

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

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Deal Summary

SALE IMAGE: Tal Frydman, Avery Klann, Hampton Beebe, Tyler Minix & Jonathan Senn DATE: 05/28/2020 ADDRESS: 4401 NW 10th Ct. & 1861 NW 46th Ave MARKET: Broward County ASSET TYPE: Multifamily PRICE: $53,500,000 UNITS: 398 PPU: $134,000 BUYER: Prism Multifamily Group SELLER: Jenco Properties BROKERS: Tal Frydman, Avery Klann, Hampton Beebe, Tyler Minix & Jonathan Senn - Newmark Knight Frank

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4401 NW 10th County

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