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| Tropic Aire Apartments, 837 NE 17th Terrace, Fort Lauderdale, FL |
FORT LAUDERDALE , FL, Sept. 11, 2013 – Marcus &
Millichap Real Estate Investment Services, the nation’s largest real estate
investment services firm, has announced the sale of Tropic Aire Apartments,
a 14-unit apartment property located in Fort Lauderdale , FL. The asset sold
for $1,500,000.
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| Joseph P. Thomas |
Joseph P. Thomas, a Vice President Investments in
Marcus & Millichap’s Ft. Lauderdale office, represented the seller, a
private investor from Plantation, FL, as well as the buyer, a private investor
from Boca Raton, FL.
Tropic Aire is a two-story apartment building that consists
of two studio apartments, eight one-bedroom/one-bathroom units, two
two-bedroom/one-bathroom units and two two-bedroom/two-bathroom units.
The property is
located just south of Sunrise Boulevard in the Victoria Park submarket of
downtown Fort Lauderdale. Tropic Aire
Apartments is located at 837 NE 17th Terrace in Fort Lauderdale, FL.
For a complete copy of the company’s news release, please
contact:
Gregory Matus
Regional Manager
Vice President,
Fort Lauderdale, FL
(954) 245-3400
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