SOLD
Cochise Capital Acquires Fort Lauderdale Multifamily Portfolio For $10.3M
701 Northeast 16th Avenue, 627 Northeast 10th Avenue, 312 Northeast 15th Avenue & 1725 Northeast 7th Street
MultiFamily
33,557 SF
33,557 SF
Summary
Sale
FLORIDA
MultiFamily
33,557 sqft
The multifamily property located at 701 NE 16th Ave, 627 NE 10th Ave., 312 NE 15th Ave., and 1725 NE 7th St. in Fort Lauderdale has been sold. The transaction was facilitated by Franklin Street on behalf of the seller, The Grand Capital, with representatives Dan Dratch, Greg Matus, Joseph Landsberg, Ryan Wold, and Travis Jones. The buyer in this transaction was Cochise Capital.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $10,300,000
- Units: 43
- Price Per Unit: $239,535
- Square Footage: 33,557
- Price Per Square Foot: $307
- Market: Fort Lauderdale
Joseph Landsberg, Travis Jones, Dan Dratch, Ryan Wold, and Greg Matus from Franklin Street played key roles in facilitating the deal. The sale represents another successful transaction for both the buyer, Cochise Capital, and the seller, The Grand Capital.
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7
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Details
SOLD
IMAGE: Joseph Landsberg, Travis Jones, Dan Dratch, Ryan Wold & Greg Matus
DATE: 10/05/2021
ADDRESS: 701 NE 16th Ave, 627 NE 10th Ave., 312 NE 15th Ave. & 1725 NE 7th St.
MARKET: Fort Lauderdale
ASSET TYPE: Multifamily
BUYER: Cochise Capital
SELLER: The Grand Capital
SELLER'S REP: Dan Dratch, Greg Matus, Joseph Landsberg, Ryan Wold, Travis Jones - Franklin Street
SALE PRICE: $10,300,000
UNITS: 43 ~ PPU: $239,535
SF: 33,557 ~ PPSF: $307View on map
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Address701 Northeast 16th Avenue, 627 Northeast 10th Avenue, 312 Northeast 15th Avenue & 1725 Northeast 7th Street
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