SOLD
Frankforter Group Acquires Multifamily Property In Pompano Beach For $42.85M
275 North Federal Highway
MultiFamily
163,438 SF
163,438 SF
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
163,438 sqft
The multifamily property located at 275 N. Federal Highway in Pompano Beach was recently sold for a total of $42,850,000. The transaction took place on 07/20/2021 and involved the sale of 144 units. The sale price per unit was $297,569.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $42,850,000
- Address: 275 N. Federal Highway, Pompano Beach
- Market: Pompano Beach
The buyer of the property was the Frankforter Group, represented by Yaakov Frankforter. On the other hand, the seller was the Meyers Group, represented by Stuart I. Meyers. Lorne Gornitsky from KW Commercial served as the buyer's representative, while Sasha Ezquerra and Santiago Illia from Apartment Lease-Up Experts acted as the seller's representatives.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Lorne Gornitsky, Yaakov Frankforter & Stuart I. Meyers
DATE: 07/20/2021
ADDRESS: 275 N. Federal Highway
MARKET: Pompano Beach
ASSET TYPE: Multifamily
BUYER: Frankforter Group - Yaakov Frankforter
SELLER: Meyers Group - Stuart I. Meyers
BUYER'S REP: Lorne Gornitsky - KW Commercial
SELLER'S REP: Sasha Ezquerra & Santiago Illia - Apartment Lease-Up Experts
SALE PRICE: $42,850,000
UNITS: 144 ~ PPU: $297,569View on map
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Address275 North Federal Highway
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