Cushman & Wakefield arranges $34.65 million sale on behalf of Park Partners

Vue on 67th sells for $194,662 per unit

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Vue on 67th
Cushman & Wakefield arranged the sale of Vue on 67th, a 178-unit apartment community located in Davie, Florida.

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Vue on 67th, a 178-unit apartment community located in Davie, Florida. The final sale price was $34.65 million.

Calum Weaver, Zach Sackley, Robert Given, Michael Mulkern and Perry Synanidis of Cushman & Wakefield represented the seller, Park Partners, in the transaction. Circle Capital Partners acquired the property.

“With its central location and significant improvements, Vue on 67th was a highly sought-after property,” Weaver said.

Located at 4199 SW 67th Avenue, the property was 95 percent leased at the time of the sale. The seller recently completed significant capital improvements including new roofs, painting of the building exteriors, poolside upgrades, resident clubhouse upgrades, new fitness center and common area enhancements. Amenities include a 24-hour fitness center, resident lounge and gaming room, outdoor deck with grilling stations, a resort-style pool and sundeck and a dog park.