The total purchase price was more than $9.1 million, with the average purchase price for the units being nearly $43,000. The sales all closed in the past month.
Three of the transactions were in Biscayne Gardens:
-City King Apartments LLC bought the 51-unit building at 13055 N.E. 6th Ave. for $2.18 million, or an average of approximately $42,745 per unit;
- Miami King Apartments LLC bought the 60-unit building at 15390 N.E. 6th Ave. for $2.64 million, or about $44,000 per unit;
- The King's Apartments LLC bought the 59-unit building at 400 N.E. 137th St. for $2.54 million, or about $43,051 per unit.
In addition, in the Blue Lagoon area, Paradise Apartments Inc. purchased the 34-unit apartment building at 1001 N.W. 45th Ave. for $1.79 million, or an average of $52,647 per unit.
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