Sunday, September 25, 2022

JLL Capital Markets closes sale for the 281-unit Sophia Square Apartments in South Dade, FL

 

Sophia Square Apartments, 13710 SW 256th Street
 South Dade County, FL

 MIAMI, FL – JLL Capital Markets closed the sale of Sophia Square Apartments, a 281-unit, Class A, garden-style apartment community located in southern Miami-Dade county. The price was not disclosed.

 JLL marketed the property on behalf of the seller, Grand Peaks Properties. Brookline Investment Group acquired the asset.

Maurice Habif
The JLL Capital Markets Investment Advisory team representing the seller was led by Managing Director Maurice Habif, Director Simon Banke and Director Ted Taylor. This JLL team has sold nearly $300M of multi-family assets for Grand Peaks this year.

 Completed in 2019, this newly built, institutional-quality asset features one-, two- and three-bedroom floorplans with an average size of 872 square feet.

Unit amenities include granite countertops in kitchen and baths, stainless-steel appliances, modern cabinetry, nine-foot ceilings, in-unit washers and dryers, vinyl plank flooring and private balconies or patios.

Simon Banke


Community amenities include gated entrance, a fitness center, a resort-inspired swimming pool, a multi-purpose clubroom, a children’s play area and a dog park.

 Located at 13710 SW 256th Street, Sophia Square, benefits from its immediate accessibility to US-1 and Florida’s Turnpike, placing it less than 30 minutes from Kendall, Doral, Dadeland and Coral Gables.

It is also within walking distance to the soon-to-be-built Bus Express Rapid Transit corridor that will operate on US-1.

Ted Taylor.

The property is proximate to an array of area amenities, including Homestead Bayfront Park, Homestead Speedway and The Falls mall, as well as top-rated schools, major employers and health facilities.

 JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. 

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 For more news, videos and research resources on JLL, please visit our newsroom.

 CONTACT:

Jenna Sharp

 JLL Associate

 Public Relations

Phone: +1 214 394 3356

Email:  Jenna.Sharp@am.jll.com

https://grandpeaks.com/ .

https://www.brooklineig.com/ .

 

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