Press Release brought to you by NAI Rauch Weaver Norfleet Kurtz & Co.
Multi-Family Investment Sells for Full Asking Price
Kenneth L. Kurtz, President of NAI Rauch Weaver Norfleet Kurtz & Co., Fort Lauderdale, FL, as exclusive seller agent, represented the Seller in a sales transaction of a multi-family complex located near Sunrise Boulevard and Federal Highway. The Purchaser, Watchtower Bible and Tract Society of New York, Inc., purchased the Property which consists of 5 buildings/26 units with a pool, and was represented by Don Breaux of Land’s End Property Group, LLC.
Property: Oceanstream Apartments - 1245 NE 16 Avenue, 1230-1234 NE 15 Avenue, 1236-1240 NE 15 Avenue - Fort Lauderdale, Florida 33304
Size/Units: 5 Buildings / 26 Units With Pool: 3/1 House, 2/1 House, 18 1/1 Apartments,
and 6 Efficiencies
Type of Property: Multi-Family
Seller: Harold Tune
Seller Rep: Kenneth L. Kurtz, CCIM, President - NAI Rauch Weaver Norfleet Kurtz & Co
Buyer: Watchtower Bible and Tract Society of New York, Inc., a New York not-for-profit corporation
Buyer Rep: Don Breaux - Land’s End Property Group, LLC
Sales Price: $1,950,000 – Full Price
About NAI Rauch Weaver Norfleet Kurtz & Co.
NAI Rauch Weaver Norfleet Kurtz & Co. is a full service commercial real estate brokerage and property management firm, a South Florida tradition for over 46 years. Our motto of "INTEGRITY, LONGEVITY, CONSISTENCY, SERVICE" is not just a list of words, but represents demonstrated traits and the reason for our success. We offer local deep roots with years of experience combined with the international reach of NAI Global, a managed network with over 350 offices in 55 countries and 5,000 real estate professionals worldwide. www.rwnk.com
03/28/2014 - 12:02