Marcus & Millichap brokers sale of vista bella apartments in fort lauderdale, fl for $1.04 million

Vista Bella Apartments, Fort Lauderdale, FL

FORT LAUDERDALE, FL – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Vista Bella Apartments, a 8-unit apartment property located in Fort Lauderdale, Fla, according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office.

The asset sold for $1,040,000 equating to $130,000 per unit.

Derek R. Gibbs, associate vice president investments, Daniel J. Cunningham, senior associate, and Evan Richardson, associate, all in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, a limited liability company from Pompano Beach, Fla.

Built in 1964 on a 0.25 acre lot, Vista Bella Apartments is a rare waterfront property near the upscale community of Coral Ridge.  The property is comprised of six one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units.

Vista Bella Apartments is located at 2414 NE 25th Place in Fort Lauderdale, Fla, in close proximity to beaches, shopping and restaurants.

For a complete copy of the company’s news release, please contact:

                            

Ryan Nee

Regional Manager, Fort Lauderdale

(954) 245-3400