Wednesday, January 9, 2013

Marcus & Millichap Sells 34-Unit Apartment Building in North Miami, FL for $2.12 million



Sans Souci Gardens Apartments, North Miami, FL
NORTH MIAMI, FL– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Sans Souci Gardens, a 34-unit apartment property located in North Miami, FL. The asset commanded a sales price of $2,115,000.

Vice President Investments Felipe J. Echarte and Senior Associate Joseph P. Thomas in Marcus & Millichap’s Ft. Lauderdale office had the exclusive listing to market the property on behalf of the seller, a private investor from Aventura, FL. 

Felipe J. Echarte
The buyer, a limited liability company from Fort Lauderdale, was secured and represented by Senior Associate Arthur D. Porosoff in the firm’s Miami office. 

San Souci Gardens consists of three adjacent apartment buildings totaling 34 units located east of Biscayne Boulevard in North Miami, Florida.

The unit mix consists of four efficiencies, 20 one-bedroom/one-bathroom apartments, four two-bedroom/one-bathroom apartments and six two-bedroom/two-bathroom apartments. Sans Souci Gardens is located at 1790 NE 117th Road.

Press Contact:

Gregory Matus
Vice President/Regional Manager,
Fort Lauderdale
(954) 245-3400

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