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FBE Acquires Lauderhill Multifamily Property For $94.6M

4200 Northwest 19th Street
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This MultiFamily property located in FL was sold for $94,600,000 over 3 years ago. The brokers of the deal were Paul Gillen, Daniel Parker, and Anthony Ledesma

The multifamily property located at 4200 NW 19th Street in Lauderhill was recently sold in a transaction. The sale occurred on June 28, 2021, with a sale price of $94,600,000. The property consists of 814 units, resulting in a price per unit of $116,216. The total square footage of the property is 576,000, with a price per square foot of $164. The property spans across 24 acres, resulting in a price per acre of $3,941,667.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $94,600,000
  • Units: 814
  • Price per Unit: $116,216
  • Square Footage: 576,000
  • Price per Square Foot: $164
  • Acres: 24
  • Price per Acre: $3,941,667

The buyer of the property was FBE, while the seller was Code Capital. The seller was represented by Daniel Parker, Paul Gillen, and Anthony Ledesma from Hodges Ward Elliott.

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Deals
  • Location
    4200 Northwest 19th Street4200 Northwest 19th Street
  • Sale Price
    $94,600,000$94,600,000
    $164 PPSF$164 PPSF
  • Area
    576,000 SF576,000 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Paul Gillen

Paul Gillen

Deals13
Sold$1.4B

Daniel Parker

Daniel Parker

Deals18
Sold$1.9B

Agency

Hodges Ward Elliott

Hodges Ward Elliott

Agency
Deals68
Volume$5.8B

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Deal Summary

SALE IMAGE: Paul Gillen, Daniel Parker & Anthony Ledesma DATE: 06/28/2021 ADDRESS: 4200 NW 19th Street MARKET: Lauderhill ASSET TYPE: Multifamily BUYER: FBE SELLER: Code Capital SELLER'S REP: Daniel Parker, Paul Gillen, Anthony Ledesma - Hodges Ward Elliott SALE PRICE: $94,600,000 UNITS: 814 ~ PPU: $116,216 SF: 576,000 ~ PPSF: $164 ACRES: 24 ~ PPA: $3,941,667

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4200 Northwest 19th Street

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