Monday, October 29, 2018

Marcus & Millichap Arranges $2.15 Million Sale of Nine-Unit Apartment Property in Coral Gables, FL



Landy Toledo
CORAL GABLES, FL, Oct. 29, 2018 – 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 a 9-unit apartment property located at 40 Antilla Avenue Coral Gables, FL 33134, according to Scott Lunine, Regional Manager of the firm’s Miami office.

The asset sold for $2,150,000 / $238,888 Per Unit, 100% Occupied, Built in 1959. The unit mix is comprised of One 2 bedroom /1 bath unit, Six 1 bedroom/ 1 bath units and Two Studio units.

Landy Toledo / First Vice President Investments at Marcus & Millichap’s Miami office had the exclusive listing to market the property on behalf of the seller, a limited liability company.  

The buyer a limited liability company, was secured and represented by  Toledo, as well.

Toledo has facilitated the sale of 47 apartment buildings in Coral Gables in the past six years. 

CONTACTS: 

Scott Lunine
Vice President / Regional Manager, Miam
(786) 522-7000 


Daniella Aragon
Marketing Coordinator
Marcus & Millichap
5201 Blue Lagoon Drive
Suite 100
Miami, FL 33126
(786) 522-7000 main
(786) 454-0094 mobile
(786) 522-7010 fax
daniella.aragon@marcusmillichap.com




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