Carroll Organization Acquires Margate Multifamily For $66.5M With Lynd Living And North Point Capital Group As Sellers
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This MultiFamily property located in FL was sold for $66,500,000 over 2 years ago. The broker of the deal was Hampton Beebe
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- Location5750 Lakeside Drive
- Sale Price$66,500,000$283 PPSF
- Area234,320 SF
- Asset TypeMultiFamily
- Parties1 Broker, 1 Agency
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Deal Summary
SALE
IMAGE: David Lynd, David P. Zar, Shawn Hakimian & Patrick Carroll
DATE: 11/19/2021
ADDRESS: 5750 Lakeside Dr
MARKET: Margate, FL
ASSET TYPE: Multifamily
BUYER: Carroll Organization - Patrick Carroll
SELLER: Lynd Living - David Lynd, & North Point Capital Group (@NorthpointCap) - David P. Zar & Shawn Hakimian (@ShawnHakimian)
SALE PRICE: $66,500,000
UNITS: 280 ~ PPU: $237,500
SF: 234,320 ~ PPSF: $284
NOTE: The Lynd Company and North Point Capital Group purchased this property 8 months ago for $50,750,000.
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5750 Lakeside Drive
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