Golf Villas Trades for $10.8M

Sabal Palm Associates LTD has sold the Golf Villas apartments located at 5900 NW 46th Terr. in Tamarac, FL to YMP Golf Villas LLC for $ 10.75 million, or about $ 65,000 per unit.

Golf Villas is a 17-building, 145,100-square-foot multifamily community built in 1985 on approximately 11 acres. The apartments are a mix of 166 one- and two-bedroom units. The property was 93 percent occupied at the time of sale.

Still Hunter with Marcus & Millichap…
South Florida Commercial Real Estate News From CoStar Group