Frankforter Group Acquires 420-Unit Multifamily In Lauderdale Lakes For $102.9M
3700 Pacific Point Place
MultiFamily
1,260 SF
1,260 SF
Sold 1 year ago
Summary
Atlantic | Pacific Companies, Atlantic Cypress Creek LLC, and Rockpoint Group have sold a multifamily property in Lauderdale Lakes. The property, located at 3700 Pacific Point Place, was purchased by the Frankforter Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $102,900,000
- Units: 420
- Price per Unit: $245,000
- Seller: Atlantic | Pacific Companies, Atlantic Cypress Creek LLC, Rockpoint Group
- Buyer: Frankforter Group
The sale of this property was facilitated by Chris Conklin from Walker & Dunlop and Daniel Kaweblum from FM Capital.
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3700 Pacific Point Place
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