FORT LAUDERDALE, FL – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment brokerage firm, has announced the sale of a 16-unit Fort Lauderdale apartment building, according to Gene A. Berman, (top right photo) 
Managing Director of the firm’s Fort Lauderdale office.The Courtyard Apartments, a 16-unit Victoria Park apartment building, commanded a sales price of $1,310,000.
Senior Associate Felipe Echarte (bottom left photo) and investment specialist Joseph Thomas of the Fort Lauderdale office and Vice President Investments Matthew Kesterson (photo top left) of the Melbourne office represented the seller, Golden Properties of S. FL. Echarte and Thomas secured the buyer of the property, Geruy, Inc.
“Location is perhaps the biggest highlight of the Courtyard Apartments. This area has seen significant 
population growth and there are multiple high-end townhome projects being developed. The investor will benefit from this true value add opportunity,” says Echarte. The property, located at 408 NE 7th Avenue in Fort Lauderdale, Fla, consists of eight studios, four one bedroom/one baths and four two-bedroom/ two-baths.
population growth and there are multiple high-end townhome projects being developed. The investor will benefit from this true value add opportunity,” says Echarte. The property, located at 408 NE 7th Avenue in Fort Lauderdale, Fla, consists of eight studios, four one bedroom/one baths and four two-bedroom/ two-baths.CONTACT:
Ashley Steele
Marketing Coordinator
Marcus & Millichap
5900 N. Andrews Avenue, Suite 100
Fort Lauderdale, FL 33309
Direct Tel: (954) 245-3516
Cell: (215) 828-9585
Fax: (954) 245-3410 
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