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| David Olalde |
DORAL, FL, June
17, 2015 — Easton & Associates arranged the sale of a 22-unit apartment
building in the North Beach section of Miami Beach.
David Olalde of Easton represented the buyer,
7640 Carlyle Associates, LLC, who paid $3,470,000 for the property. The buyer is a private investor from New York
City that owns about 250 residential units in the metropolitan area.
“My client already owns industrial assets in
South Florida, so they asked if we could help them find apartments here since
they’ve been priced out of New York City. We were able to locate a great
property with a lot of upside in an area that is growing in popularity and
where rents continue to rise.”
Olalde said
the buyer plans on spending about a half million dollars to upgrade common
areas and individual units. The
apartment building is located at 7640 Carlyle Avenue.
For a complete copy of the company’s
news release, please contact:
Todd Templin
BoardroomPR
954-370-8999/954-290-0810
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