Wednesday, January 9, 2013

Marcus & Millichap Sells Two Fort Lauderdale, FL Area Apartment Properties for $2.75 Million



Westchester Apartments, Fort Lauderdale, FL
FORT LAUDERDALE, FL, Jan. 9, 2013 – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of two Fort Lauderdale-area apartment properties:

Westchester Apartments, an 18-unit property located in Fort Lauderdale and Highland House Apartments, an 18-unit property located in Wilton Manors.  Both properties closed on December 28th.


Highland House Apartments, Wilton Manors, FL
Senior Associate Joseph P. Thomas in Marcus & Millichap’s Ft. Lauderdale office represented the sellers of both properties, private investors from Fort Lauderdale and Plantation.

  The buyers of both properties, private investors from Miami Beach, were also secured and represented by Thomas.

Westchester Apartments includes 15 one-bedroom/one-bathroom units, two two-bedroom/two-bathroom units and one studio apartment. 

Joseph P. Thomas
The property sold for $1,400,000 and is located at 2501 NE 49th Street and 4901 NE 26th Avenue in Fort Lauderdale. 

Highland House Apartments includes 18 two-bedroom/one bathroom units.  The property sold for $1,350,000 and is located at 2640 NE 8th Avenue in Wilton Manors.

Press Contact:

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

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