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| 33-Unit Miami, FL Apartment Building, 1281 NW 61st Street, Miami, FL |
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| Felipe J. Echarte |
MIAMI, FL – Marcus &
Millichap (NYSE: MMI), a leading commercial real estate investment services
firm with offices throughout the United States and Canada, announced the
sale of 1281 Building, a 33-unit apartment property located in Miami, FL,
according to Ryan Nee, regional manager of the firm’s Fort Lauderdale office.
The asset sold for $1,260,000.
Alejandro Gonzalez,
associate, Evan P. Kristol, senior vice president investments, and Felipe J. Echarte, vice president
investments, all 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 Miami, FL. The
buyer was a private investor from Fort Lauderdale, FL.
Built in 1957 on a 0.36
acre lot the property is comprised of 33 units in a three-story building. The unit mix is comprised of 30
one-bedroom/one-bathroom units and three two-bedroom/one-bathroom units.
1281 Building is located
at 1281 NW 61st Street in Miami, FL
is located within the Liberty City submarket on the corner of Northwest 61st
Street and 13th Avenue.
For a complete copy of the company’s news release,
please contact:
Ryan Nee
Vice President / Regional
Manager
Fort Lauderdale, FL
(954) 245-3400
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