Franklin Street Arranges $7.8 Million Sale of Marina Townhomes Waterfront Value-Add Multifamily Property in Fort Lauderdale
FORT LAUDERDALE, FL - Franklin Street has arranged the sale of Marina Townhomes, a 24-unit, 38,800-square-foot, waterfront multifamily property in Fort Lauderdale, for $7.8 million, equating to $325,000 per unit. The transaction marks the first time the value-add, 1983-built property has ever traded hands. Franklin Street’s South Florida Multifamily Investment Sales Team of Ryan Wold, Dan Dratch and Greg Matus arranged the transaction on behalf of both the seller, the Hewlett Family, and.....
Source: multifamilybiz.com