 |
| 2412 NW 9th Avenue, Wilton Manors, FL |
 |
| Evan P. Kristol |
The portfolio sold for $5,115,200 representing $71,044 per
unit.
Evan P. Kristol and Still Hunter III, Senior
Vice President Investments, and Robert S. Hunter, an Associate, 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
Fort Lauderdale, FL. The buyer was a
limited liability company from Hollywood, FL.
 |
| Still Hunter III |
“The Manors Portfolio offered an investor the unique
opportunity to acquire stabilized, superior assets in highly sought after
Wilton Manors,” says Robert Hunter.
“Wilton Manors’ urban desirability and small town charm has
made it one of Broward County’s strongest rental markets.
“The area’s positive economic and employment trends are
driving the apartment market and expanding the pool of prospective renters.
“The buyer will benefit from the climbing rental rates and
property values as well as the immediate opportunity to raise the properties’
current below-market rents to market,”
 |
| Robert S. Hunter |
Manors Portfolio is comprised of three multi-family
properties that total 72 units. The
properties are located in close proximity to one another. Included in the portfolio are:
- 2509
NW 9th Avenue , a two-story 16-unit apartment building
- 2412
NW 9th Avenue, two two-story apartment buildings comprising 40 units
- 807 NW
24th Street, a two-story 16-unit apartment building
For the complete copy of the company’s news release,
please contact:
Gregory Matus
Regional Manager / Vice President
Fort Lauderdale, FL
(954) 245-3400
No comments:
Post a Comment