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MIAMI—In a deal where investors saw nothing but upside, Woodlake Gardens, a 188-unit multifamily community, sold for $7.2 million. The sales price represents $38,298 per unit and $33.44 per square foot.

Darron Kattan, Kevin Kelleher, Robert Goldfinger, and Zach Ames all of Franklin Street, represented both the buyer, a local investor. The seller owned the property for more than 30 years and the seller. An out-of-state investor bought the multifamily asset.

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