 |
| Derek R. Gibbs |
HOLLYWOOD, FL – Marcus & Millichap (NYSE: MMI), a
leading commercial real estate investment services firm with offices throughout
the United States and Canada, today announced the sale of Jefferson Street Apartments, a 14-unit apartment property located
in Hollywood, Fla, according to Ryan Nee, regional manager of the firm’s Fort
Lauderdale office. The asset sold for $1,200,000.
Derek R. Gibbs
and Daniel J. Cunningham, senior
associates, Evan Richardson,
associate, and Tal I. Frydman, first
vice president investments, in Marcus & Millichap’s Fort Lauderdale office,
had the exclusive listing to market the property on behalf of the seller, a
limited liability company from Hollywood, Fla.
The buyer was a private investor from Hollywood, Fla.
Built in 1969, Jefferson Street Apartments sits on a 0.25
acre site. The property consists of (13)
one-bedroom/one-bathroom units and one two-bedroom/one-and-one-half bathroom
units.
Within minutes of Young Circle and Interstate 95, Jefferson
Street Apartments is situated two blocks west of South Federal highway at 1928
Jefferson Street in Hollywood, FL.
For a complete copy
of the company’s news release, please contact:
Ryan Nee
Regional Manager
Fort Lauderdale
(954) 245-3400
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