An Aventura-based real estate investment and management firm paid $8.6 million for a 30-unit Miami Gardens apartment community.
The One Real Estate Partners bought the complex at 2754 to 2790 Northwest 191st Terrace, known as “Gardens Club,” according to records. The price equates to $286,667 per unit.
The One specializes in acquiring and rehabbing multifamily properties, according to the company’s website. The company is led by Abraham Cherem and Alexis Elias.
The seller is Gardens Club LLC, which is affiliated with Carlos and Oscar Rodriguez of Miami. The company bought the land in 2015 for $600,000, records show. The apartments were completed last year.
Carlos M. Cain of Marcus & Millichap represented the buyer, according to a press release. Ryan Nee of the same company assisted in the deal.