Robin Cruise Acquires Multifamily Portfolio In West Palm Beach For $11.03M

A multifamily property located at 692 Neil Road, 535 Palmetto Street, 4224 Park Lane, 4509-4539 Gulfstream Road, 617-625 South F Street, 4172 & 4177 Narcissus Avenue, 5855 South 37th Street, 3025 Perry Avenue, 3662 Davis Road, 307-329 Melody Lane & 312 Mockingbird Lane in West Palm Beach, Lake Worth, Greenacres, Palm Springs, and Lantana has been sold in a closed transaction.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $11,039,000
• Units: 83
• Price Per Unit (PPU): $133,000
• Buyer: Robin Cruise
• Seller: Reijo Lahteenmaki
• Broker: Virgilio Fernandez - Colliers
• Date: 08/27/2021
• Market: West Palm Beach, Lake Worth, Greenacres, Palm Springs, and Lantana

Virgilio Fernandez from Colliers represented Robin Cruise as the broker in the transaction.