Fort Lauderdale Apartment Property Sold

Residential News » Done Deals | By WPC Deals Team | April 2, 2013 11:20 AM ET

Marcus & Millichap Real Estate Investment Services has sold Mandalay Apartments, a 106-unit apartment property located in Fort Lauderdale, for $5.2 million.

Built in 1969, the 3.81-acre property has 13 two-story buildings with 106 units; 66 one-bedroom/one-bathroom, 28 two-bedroom/two-bathroom and 12 studios according to Marcus & Millichap The buyer, a limited liability company from North Lauderdale, was secured and represented by Gibbs, Cunningham and Frydman.

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