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Las Olas by the River

Las Olas by the River
High Quality Condominiums
Investment Purchase
529 SE 5th Avenue, Ft. Lauderdale, FL, USA
Purchase 2010
Purchase according to budget
Sales complete:
Expected Summer 2011
Unit sale:
2010-2011
Total area purchased:
78,999 sq. ft. of condominiums
Number of Units:
62

This luxurious condominium complex was purchased as part of a distressed real estate sale at a highly advantageous price. The units will be sold gradually, yielding an expected IRR in excess of 30% despite the challenging economic environment. The investment is managed in partnership with mcKafka Development Group.

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