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Social Housing Inc. Acquires Multifamily Portfolio In Palm Beach County For $81.5M

2220 Lake Worth Road & 2430 Lake Worth Road
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This MultiFamily property located in FL was sold for $81,500,000 over 2 years ago. The brokers of the deal were Jose Mota, Omar Morales, Roberto Pesant, and Jaret Turkell

The multifamily property located at 2220 Lake Worth Road & 2430 Lake Worth Road in Palm Beach County has been sold for a price of $81,500,000. The property consists of 336 units, with a price per unit (PPU) of $242,559.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $81,500,000
  • Address: 2220 Lake Worth Road & 2430 Lake Worth Road
  • Market: Palm Beach County

Social Housing Inc. purchased the property from AHS Residential - Ernesto Lopes. The deal was facilitated by Jaret Turkell, Roberto Pesant, Omar Morales, and Jose Mota of Berkadia.

Notable individuals involved in the transaction include Jaret Turkell, Roberto Pesant, Omar Morales, and Jose Mota of Berkadia, who represented the buyer, Social Housing Inc. Ernesto Lopes represented the seller, AHS Residential.

View Related

Deals
  • Location
    2220 Lake Worth Road, Lake Worth, Florida 33461, United States2220 Lake Worth Road, Lake Worth, Florida 33461, United States
  • Sale Price
    $81,500,000$81,500,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Jose Mota

Jose Mota

Deals19
Sold$1B

Roberto Pesant

Roberto Pesant

Deals28
Sold$1.7B

Omar Morales

Omar Morales

Deals29
Sold$1.8B

Jaret Turkell

Jaret Turkell

Deals35
Financed$2B

Agency

Berkadia

Berkadia

Agency
Deals1097
Volume$45.7B

Social

Deal Summary

SALE IMAGE: Jaret Turkell, Roberto Pesant, Ernesto Lopes, Omar Morales & Jose Mota DATE: 12/22/2021 ADDRESS: 2220 Lake Worth Road & 2430 Lake Worth Road MARKET: Palm Beach County ASSET TYPE: Multifamily BUYER: Social Housing Inc. SELLER: AHS Residential - Ernesto Lopes BROKERS: Jaret Turkell (@Deal_Crush), Roberto Pesant (@RJPesant), Omar Morales (@OmarMora1es) & Jose Mota - Berkadia SALE PRICE: $81,500,000 UNITS: 336 ~ PPU: $242,559

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2220 Lake Worth Road & 2430 Lake Worth Road

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