Villas of Palm Beach Trade for $4.4M

AG Properties acquired the 60-unit Villas of Palm Beach multifamily community at 2236 Laurel Way in West Palm Beach, FL from ABC Construction, Inc. for $ 4,365,000, or $ 72,750 per unit.

Villas of Palm Beach is a garden-style community consisting of seven buildings in the Greenacres submarket of Palm Beach County. It totals 18 one-bedroom, 28 two-bedroom, and 14 three-bedroom units; 80 percent of which have been renovated in the last two years…
South Florida Commercial Real Estate News From CoStar Group