Wednesday, June 8, 2016

Berger Commercial Realty Facilitates Sale of West Palm Beach Multi-Family Property for $319,000


Judy Dolan
FORT LAUDERDALE, Fl, (June 8, 2016) - Berger Commercial Realty Senior Vice President Judy Dolan recently represented HMP Properties, Inc. in the sale of a multi-family property in West Palm Beach to 3900 Gyn Oak, LLC for $319,000.

 Located at 800 54th Street, the 4,997-square-foot property consists of three triplexes, featuring three one-bedroom, one-bathroom units each. Of the nine total units, two are currently vacant, bringing the property's occupancy rate to 78 percent.

"It's rare that this kind of property is put on the market in West Palm Beach, particularly in such a strong multi-family rental neighborhood," Dolan said. "With a majority of units already rented, the property is an ideal investment opportunity for Gyn Oak."


For a complete copy of the company’s news release, please contact:

954-776-1999
Lexi Robinson, ext. 255, lrobinson@piersongrant.com

Marielle Sologuren, ext. 226, msologuren@piersongrant.com 

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