Saturday, September 28, 2019

The Keyes Company Closes $5.1 Million Multifamily Sale in Miami, FL



Carmen Siman 

MIAMI, FL --| The Keyes Company’s Carlos Villanueva and Carmen Siman completed the sale of a 30-unit apartment building in Miami for $5.1 million – or $170,000 per unit. The duo listed the 960 S. Le Jeune Road property on behalf of seller Vega’s Apartment Corp.

Villanueva - District Sales Manager of the firm’s Coral Gables office – and Siman were able to close the sale in three months. The buyer is CMC1 LLC of Miami.

The transaction closed on Sept. 13.

Carlos Villanueva
“We are thrilled to help the seller obtain this successful outcome,” Villanueva said. “Demand for multifamily product of all asset types remains incredibly strong throughout Miami-Dade County. This particular building benefits greatly from its location near Miami International Airport.”


Paul Nudelman of Marcus & Millichap represented the buyer in the transaction.

Paul Nudelman 

Keyes Commercial Real Estate ranked No. 10 in the South Florida Business Journal’s annual list of the largest commercial brokerages in South Florida, based on aggregate volume of sales and leases in the region.

In November 2018, Villanueva completed the $5.6 million sale of a portfolio of 57 rental apartments in Miami’s Little Havana neighborhood.
 
Mike Pappas 
“We congratulate Carlos and Carmen on another tremendous multifamily sale,” Keyes President and CEO Mike Pappas said. “The Keyes Commercial team continues to prove that our firm is a leader across all real estate sectors.”

Keyes is the largest independently owned real estate firm in Florida and a Top 30-ranked firm in the entire United States, and is extremely active in luxury residential real estate. In 2018, Keyes generated $6.7 billion in real estate services across its Family of Companies.

 CONTACT:

Eric Kalis, BoardroomPR
954-370-8999


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