Colony Club Luxury Apartments Trade for $26.7M

Advenir acquired The Colony Club Luxury Apartments at 7132 Colony Club Dr. in Lake Worth, FL from The Holiday Organization, Inc. for $ 26.65 million, or about $ 125 per square foot.

The three-story 237,340-square-foot, Class A apartment building was built in 2003 and is located in the Boynton/Lantana submarket. The property includes 70 one-bedroom, 110 two-bedroom, and 34 three-bedroom units. The community features a clubhouse, fitness center…
South Florida Commercial Real Estate News From CoStar Group