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| JM Apartments, Davie, FL |
DAVIE, FL, Jan. 8, 2013 – Marcus & Millichap Real Estate
Investment Services, the nation’s largest real estate investment services firm,
has announced the sale of JM Apartments, a 48-unit apartment property
located in Davie, FL. The asset commanded a sales price of $2,160,000.
Associates Derek R. Gibbs and Daniel J. Cunningham
and Vice President Investments Tal I. Frydman in Marcus &
Millichap’s Ft. Lauderdale office, had the exclusive listing to market the
property on behalf of the seller, a limited liability company from Southwest
Ranches, FL.
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| Derek R. Gibbs |
The buyer, a limited liability company from Sunrise, FL was
secured and represented by Frydman, Cunningham, Gibbs and Associate Paul D.
Nudelman from the firm’s Miami office.
JM Apartments consists of four two-story buildings with 32
one-bedroom/one-bathroom units and 16 two-bedroom/one-bathroom units.
The property is located just west of the Florida Turnpike
and south of Interstate 595 near Broward College, Nova Southeastern University
and Florida Atlantic University. The property is located at 5899 SW 36th Court
in Davie, FL.
Press Contact:
Gregory Matus
Vice President/Regional Manager,
Fort Lauderdale
(954) 245-3400
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