3/2/2009

Two Miami multi-families sell for $4.62M

by

Del Rio Apartments

A Miami, Fla., private investor has purchased two-apartment buildings totaling 77 units from a local company for $4.62 million.

Associate Vice President Investments Demosthenes Mekras and Associate Kevin Moosbrugger of the Miami office of Marcus & Millichap Real Estate Investment Services represented both the buyer and seller.

Located across from each other at 125 S.W. 18th Court and 135 S.W. 19th Ave., the Del Rio Apartments are located in the Little Havana submarket and are just blocks away from the future home of the Florida Marlins Stadium.

Address: 125 S.W. 18th Court

Address: 135 S.W. 19th Ave., Miami, Fla.

Size: 10,700 square feet

Size: 5,963 square feet

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Filed Under: Multi-Family

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