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REO Asset Specialists Acquires Lauderhill Condo Portfolio For $17.4M

2601 & 2611 Northwest 56th Avenue
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This property located in FL was sold for $17,400,000 about 2 years ago. The brokers of the deal were Maddy McMillen, James "Jim" Dockerty, and Jesse Wright

The property involved in this closed transaction is a condo located at 2601 & 2611 Northwest 56th Avenue in Lauderhill. The property sits on 5.6 acres of land and comprises a total of 154 units. The sale price for this transaction was $17,400,000, resulting in a per-unit price of $112,988. The total square footage of the condo is 135,232, giving a price per square foot of $129.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $17,400,000
  • Address: 2601 & 2611 Northwest 56th Avenue
  • Market: Lauderhill
  • Acres: 5.6
  • Units: 154
  • Price per Unit: $112,988
  • Square Footage: 135,232
  • Price per Square Foot: $129

The buyer in this transaction is REO Asset Specialists represented by Lisa Ramos and Lisette Nunez. The seller is Attainable Home Company represented by Meir Benzaken. The lender involved in the deal is LV Lending, with Camilo Niño and Ricardo Uribe handling the transaction. The mortgage brokers for the deal are Jesse Wright and Maddy McMillen from JLL and James Dockerty from Quartz Real Estate Advisors.

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Deals
  • Location
    2601 Northwest 56th Avenue, Lauderhill, Florida 33313, United States2601 Northwest 56th Avenue, Lauderhill, Florida 33313, United States
  • Sale Price
    $17,400,000$17,400,000
    $128 PPSF$128 PPSF
  • Area
    135,232 SF135,232 SF
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

James "Jim" Dockerty

James "Jim" Dockerty

Deals2
Sold$147.4M

Jesse Wright

Jesse Wright

Deals14
Financed$867.1M

Maddy McMillen

Maddy McMillen

Deals2
Financed$60.9M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

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Deal Summary

SALE IMAGE: James Dockerty, Camilo Niño, Ricardo Uribe & Jesse Wright DATE: 03/17/2022 ADDRESS: 2601 & 2611 Northwest 56th Avenue MARKET: Lauderhill ASSET TYPE: Condo ~ ACRES: 5.6 BUYER: REO Asset Specialists - Lisa Ramos & Lisette Nunez SELLER: Attainable Home Company - Meir Benzaken LENDER: LV Lending - Camilo Niño & Ricardo Uribe MORTGAGE BROKERS: Jesse Wright & Maddy McMillen - JLL; James Dockerty - Quartz Real Estate Advisors SALE PRICE: $17,400,000 UNITS: 154 ~ PPU: $112,988 SF: 135,232 ~ PPSF: $129

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2601 & 2611 Northwest 56th Avenue

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