DAVIE, FL—In a rare trade of a mid-sized apartment development in Broward County, Marcus & Millichap reports the sale of the 64-unit College Square Apartments development here.

The property was sold by a Boca Raton, FL-based limited liability company to an unnamed private investor from Hollywood, FL for $5.75 million, which calculated out to $89,844 per unit. College Square Apartments, located at 6600 SW 39th St., is comprised of six two-story residential buildings with 40 one-bedroom apartments and 24 two-bedroom apartments. The community also includes a gated swimming pool, sundeck, barbecue grilling areas, a leasing office and laundry facility.

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