HOLLYWOOD, FL-Marcus & Millichap Real Estate Investment Services has closed the sale of a multifamily property in Hollywood. A Hollywood-based private investor has sold the Lee Manor Apartments, an apartment building consisting of 22 units at 1727 Lee St. east of Federal Highway (US 1) in Hollywood.
The investor has sold the multifamily property to a Fort Lauderdale-based limited liability company for $1,200,000. Joseph P. Thomas from Marcus & Millichap's Fort Lauderdale office represented both the parties in the deal.For the full story, go to Florida Real Estate Journal.
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